The Sell-off Is Spreading: Markets Now In Triple-Digit Loss Territory; UBS CIO Warns Of Japanese “Abegeddon” Scenario!!! DOW -200!!! Dow Jones Drops Under 15,000!!!
Markets Around The World Getting Smoked — Dow On The Verge Of Falling Below 15,000
Markets across Europe just closed at their lowest levels of the day.
The London FTSE 100 fell 2.1%, the French CAC 40 fell 1.9%, the German DAX lost 1.2%, the Spanish IBEX 35 retreated 0.9% and the Italian FTSE MIB fell 1.0%.
European markets are now trading at six-week lows.
Meanwhile, in the United States, the Dow Jones Industrial Average is down 1.2% (off 180 points), and is now trading at 14,991.
The S&P 500 is down 1.1%, and the NASDAQ is 1.0% lower. All three are trading at their lowest levels of the day.
The S&P 500 is trading around 1617 this morning, 4.1% off its peak level of 1687 turned in on May 22.
http://www.businessinsider.com/world-markets-are-getting-smoked-today-4-2013-6
Markets Now In Triple-Digit Loss Territory
After this morning’s economic data releases.
http://www.businessinsider.com/moneygame#ixzz2VMSNGfZq
The gold trade is just not working
http://www.businessinsider.com/goldman-investments-that-are-working-2013-6
UBS CIO Warns Of Japanese “Abegeddon” Scenario
Last night’s over-promised and under-delivered ‘third arrow’ from Abe appears to have solidified market opinions about the chances of Abe slaying his deflation-monster nemesis. UBS’ CIO Alex Friedman fears that Japan may face a fearsome stagflation – where accelerating inflation in asset prices is not met by higher growth rates – a scenario he calls “Abegeddon.” In an “Abegeddon” scenario, Friedman said “investors may grow increasingly concerned about the sustainability of Japanese debt levels that could lead to a ‘stampede’ out of government bonds.” With Nikkei 225 futures having faded their European morning bounce and pressuring back towards the 20% ‘bear market’ correction levels once again, it seems the ‘stampede’ is out of growth-expectation-driven equities as JGBs are bid for now. That bid (no matter how hard the BoJ tries) is unlikely to last if the doubt grows as Japan’s debt-to-GDP would rise above 300% (from 226% currently) and the 10Y JGB yield could approach 5%!
Read more at http://investmentwatchblog.com
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Just had a gander at the London stock exchange, more red than Putin. Don’t know about ‘the end of the world is nigh’ but some people are having the world drop out of their bottom tonight, oops, I meant ‘bottom drop out their world’, nah, correct first time.
There will be a huge bounce up, that’s when one should start worrying.
Japan should just die out. They are after all a pedo nation!
They are also the ONLY ONES that are OK with pedo stuff in your possession and THE ONLY ONES that do so as a developed nation.
TOO BAD! They should die!
Dude, Its all part of the conditioning “conspiracy theorist”….They control both sides of the coin so should you.
A “Conspiracy Theorist” with PTB greatest tool to enslave humanity – Money—- is the ever present danger to the elites.
Since, I found this game — I was buying DOW futures from 14,000 onwards – I made close to 3000- USD and now helped my fellow humans with that money and creating my own alternative website.
Now, You see, even if the DOW falls, I will win, if not…I’m still Winning
We need to be on both sides just as they do to win this game.
Let me know when it dips well below 7,000 then it MIGHT be worth paying attention to
The markets aren’t going anywhere. They will pull back to around 11k before skyrocketing to ridiculous all time highs around 25k or 30k… I love how less than a 2% pullback after 100+% gains is considered “crashing”…
Amateurs…
Lol, and not ONE PERSON mentioned that the whole thing is Rigged, and it is all owned by a handful…of Bilderberg! The Stock exchange “Merchants” who are called “Specialists,” are responsible for setting prices and they are owned by these individuals. The Merchants bought up 65% of the ‘auction’ a few weeks ago, and this is who is rigging the Stock exchange to deliberate collapse. I.C.A.P. & L.I.B.O.R. are being investigated for rigging. I.C.C.S. has caught the Vatican’s end of this, the bond fund which others like the Clinton’s and even Chelsea, take money from (the bonds) illegally – OUR money, in our individual names. The Queen is allowed insider trading with impunity.
And everyone is looking at these ‘numbers’ above, as if they are really governed by ‘markets’ and not by the rigging of these individuals.
It is all ONE SYSTEM, created by the Babylonian Slave Queen Selene whose saxon name was Elizabeth 1. Rothschild created the Bills of Exchange Act, which removed our right to extend credit to each other in acceptance for Value. Our original system.
“Selene created the Money, Banking, Commerce, Corporations & 5 day work week where all fruits of Labor were seized as tribute…and taxation on Mankind, as a specific form of slavery of Mankind” for the Branch of SET(An), whom the Hebrew called Solomon. And for this she was promoted and her name was changed to “Magda”lene. That was once taught in Commerce & Latin laws. “Hor-us” Whore Us, was promoted to “Jes-Us”.