Dow Dumps 250 Points From “Greece Is Contained” Highs
Submitted by Tyler Durden on 07/07/2015 – 10:24
It appears that ‘hope’ for a deal (again) was entirely misplaced (again). Yesterday’s ‘containement’ was all EURJPY-driven as BoJ and ECB held hands to maintain markets… it appears they have stopped for now…
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“Unleash The Bullard” – S&P 500 Breaks Below Crucial Support
Submitted by Tyler Durden on 07/07/2015 – 10:34
The last time the S&P 500 dropped below its 200-day moving average, The Fed’s Jim Bullard rapidly stepped in to save the world… who will save the world this time?
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Greece “Uncontained” – European Bond Yields Are Soaring; Is Portugal Next?
Submitted by Tyler Durden on 07/07/2015 – 10:13
Who’s next?
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NO MORE WHISTLING PAST THE GRAVEYARD
WORLD FINANCIAL MARKETS ARE LIKE A PIE CRUST STRETCHED ACROSS THE ROOF OF A VOLCANO