Posted on 04/17/2013 7:48:52 AM PDT by blam
The Market Is Flashing Signs Of 'Deep Instability'
Joe Weisenthal
April 17, 2013, 7:17 AM
The big market story this morning is the selloff in Germany, which happened in a flash, and without an obvious explanation.
Sebastien Galy of SocGen sees this as a sign of rising jitters and instability.
It took only some speculation of a German downgrade to send the DAX plunging sharply lower, before it partially recovered. The sensitivity of different markets to negative surprises seems to have risen sharply recently, particularly in Europe and the broad EM spectrum. It suggests that the period of consolidation is continuing. Until now, sharp corrections were met by sharp recoveries as they were in 2006 and 2007 typical of liquidity fuelled rallies. This is the second period of deep instability this year, the last one was end of February (“instability cubed”).
Yesterday, Galy's SocGen colleague Kit Juckes noted that a lot of clients were wondering whether what happened to gold in recent days could happen to stocks.
Markets are on knife's edge.
(Excerpt) Read more at businessinsider.com ...
Instability?
Inflating the stock market with zero interest rates and QE money generation is a sure formula for that.
Return US jobs now.
Stop sending US jobs to China.
Bring back, US jobs which are there now.
This fed is a mess that needs to be eliminated. (Along with most of the central socialist government agencies.)
This miserable excuse for a government can’t even defend this nation. They’re too busy getting homosexuals into the barracks and shower rooms and women into the foxholes.
Fed up...BIG TIME!
In a flash...Just wait til you see it happen here. You won’t have a chance to kiss your money goodbye.
Dow down 163 as we speak...
I think they are going there on their own, better deal in those cases.
But we have better working conditions HERE for the few who have jobs. This is why we need illegals to take our jobs by giving them work permits.
“Sell in May and go away”...too late!
Yes, they knew folks were planning to get into cash towards the end of April and beat them to the punch.
Dow down 177.
Dow down 192...fasten your seat belts!
Do you happen to have a good link to the stock market besides Bloomberg? I’d hate to give that ass clown any hits.
I just have stockcharts.com open for current updates:
http://stockcharts.com/h-sc/ui
Thank you.
....it’s OK now...only down 156....
QE2; the govt buying up stocks is most of the problem. Once they stop there will be a major crash. I suspect there may be one sooner than that. In the words of Warren Buffet; “When people are fearful be greedy. When people are greedy be fearful.” Any time the market is in “record territory” is a good time to get out.
A crash might just be the plan though. There have been rumblings of 401k and ira grabs, in exchange for our accounts being brought back to 2008 levels (which would cost me almost 1/2 of my account) and a “guaranteed growth”. Another major boom (even if it is fake) and major bust might get some fools to think the market is too risky, even though it is actually not market forces. This might be all part of a plan to make their scheme more palatable.
Don’t ever forget Rham’s words; ‘never let a good crisis go to waste.’
That’s good news...
That's a great idea. Nothing more safe then a government piggy bank. Look at the SS and medicare trust funds, and they even pay interest. They got decades worth of $$$ in there. Safer than Fort Knox.
If the market crashes in the near term Obama will blame it on the sequester. And since a big % of voters voted for him just because they feel like they like him (and just because he ISN'T white ) and so they dont really expect him to accomplish anything, it could just work.
No, he’ll blame it on “THE MARKET”; it’s not safe! Look what happened to all your savings! Let me take care of you; just sign over your assets and....
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