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"
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.
Comments
last commentDOOMED!
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thomhartmann.com
SJG
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@Dougster-Did the Asian markets get Clobbered, or would you say they got...Clubbered?
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DOOMED! Because Stevie-girl said so.
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@Spic: is clubber another follower of Stevie-girl's Theory of GLOBAL ECONOMIC DOOM?
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