Stock markets are crashing. Europe loses 3 till 5% again. FEd cut was effectless.

Stock markets are crashing. Europe loses 3 till 5% again. FEd cut was effectless.

money.cnn.com

Belgium Bel 20 -99.57 -2.81% 3,449.08 1/23 2:47pm
Europe DJ Stoxx -117.22 -3.66% 3,083.81 1/23 2:47pm
Europe Euronext 100 -30.39 -3.57% 821.06 1/23 2:47pm
Europe Euronext 150 -33.74 -2.30% 1,431.53 1/23 2:47pm
France CAC -191.23 -3.95% 4,651.31 1/23 2:47pm
France SBF 80 -126.15 -2.39% 5,144.80 1/23 2:47pm
France SBF 120 -130.63 -3.75% 3,354.21 1/23 2:47pm
Germany DAX -315.19 -4.66% 6,454.28 1/23 2:47pm
Germany MDAX -253.53 -3.07% 7,995.29 1/23 2:47pm
Germany TECDAX -32.67 -4.35% 718.32 1/23 2:47pm
Netherlands AEX -14.95 -3.45% 418.32 1/23 2:47pm
Norway BRIX +2.40 +0.06% 3,913.23 1/22 12:00am
Norway OSE Industry -9.28 -0.55% 310.33 1/23 2:47pm
Sweden OMX -34.50 -3.61% 921.43 1/23 2:47pm
Sweden OMSX All Share +10.68 +3.58% 308.61 1/22 12:00am
UK FTSE 100 -171.20 -2.98% 5,568.90 1/23 1:47pm
UK FTSE All Shares -84.08 -2.87% 2,844.52 1/23 1:47pm
UK FTSE Eurotop -98.95 -3.61% 2,644.74 1/23 1:47pm
UK FTSE Techmark -36.54 -2.39% 1,494.40 1/23 1:47pm

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The Europe stock markets just dropped another 4 till 5 percent
The DAX hit a low of -5.7% for a short time and recoverd form there a little.

Looks like the FED interest rate cut of 0.75% in the US was an empty shot.

I wonder what happens when the US markets open in some minutes. I expect the worst.

I'd say that's going to be nasty. Hope you are prepared.













money.cnn.com
(visit the link for the full news article)