OT: GLOBAL MARKET ROUT Continues

Dougster
Just as Stevie-girl predicted on Friday the Asian markets continued to get clobbered when they opened Sunday night. The Shanghai and Hang Seng added nearly another 2% to Thursday night's losses. The European markets are also selling off sharply with the DAX and CAC off 0.75-1.00%

The GLOBAL ECONOMIC DOOM is playing out like Stevie-girl and The Economist said to a 'T'. Even CNBC is catching on with this stellar journalism this morning, entitled:

"Wall Street traders to mull weak business survey"

http://www.cnbc.com/id/102211785

Here's a great line:

"U.S. stock index futures followed European and Asian bourses higher on Monday, despite a new survey showing that global business confidence had slumped to a five-year low. "

When the markets are just ignoring a global business confidence survey you know they are getting ahead of themselves and a major CRASH is just around the corner.

Absolutely DOOMED. Because The Economist, CNBC, and Stevie-girl all said so.

5 comments

Latest

Dougster
10 years ago
DOOMED!
SlickSpic
10 years ago
@Dougster-Did the Asian markets get Clobbered, or would you say they got...Clubbered?
Dougster
10 years ago
DOOMED! Because Stevie-girl said so.
Dougster
10 years ago
@Spic: is clubber another follower of Stevie-girl's Theory of GLOBAL ECONOMIC DOOM?
You must be a member to leave a comment.Join Now
Got something to say?
Start your own discussion