Sinking Ship
Dow down 262 as I write this.
World's fourth largest economy, Germany, the one country holding Europe's economy together, is now in serious trouble. It is looking a lot like the U.S. before the '08 mega-crash. Germany's largest car manufacturer Volkswagen and Germany's largest bank are both tanking. Quite reminiscent of GM and Citi in '07/'08.
CNBC: Market is now unsafe and unsustainable
Commodities sinking
Economic growth for both China and India revised down
Existing home sales down 4.8%
Currency volatility highest in four years
Only downhill in stocks from here on out
More panic indicators go off
World's fourth largest economy, Germany, the one country holding Europe's economy together, is now in serious trouble. It is looking a lot like the U.S. before the '08 mega-crash. Germany's largest car manufacturer Volkswagen and Germany's largest bank are both tanking. Quite reminiscent of GM and Citi in '07/'08.
CNBC: Market is now unsafe and unsustainable
Commodities sinking
Economic growth for both China and India revised down
Existing home sales down 4.8%
Currency volatility highest in four years
Only downhill in stocks from here on out
More panic indicators go off
Post A Comment
No comments