Global Markets Descend Into Contagious Panic As Italy Implodes

a reply to: stormcell

They were on the edge before then.

a reply to: TheJesuit

Don't know what you are talking about. I own Facebook, Apple, and Netflix stock. All are doing fine.

If they drop a lot because of some so called BS, you should buy on the downside, and get a quick 20% bump in the next few weeks.

a reply to: Starbuck799

or take out options for the day traders

If the global economy collapses, anything I have in the bank is worthless anyway.

Let's say I've got ten grand to gamble, wagering USD will still be around in five years- how can I benefit from the collapse of yet another nation?

originally posted by: Starbuck799
a reply to: TheJesuit

Don't know what you are talking about. I own Facebook, Apple, and Netflix stock. All are doing fine.

If they drop a lot because of some so called BS, you should buy on the downside, and get a quick 20% bump in the next few weeks.

Only people losing big money are bank stocks and I never buy them or insurance companies anyway. Buy good companies on global panic and you are set.

I never made more money than buying in 2008 when everyone panicked. There is no logic or reason to some people’s fears and you can profit.

OK Check this out
The S&P 500 Index declined 1.2 percent to 2,689.87 as of 4 p.m. New York time, dropping below its 100-day moving average for the first time since May 9.
The Nasdaq Composite Index dropped 0.5 percent.
The Stoxx Europe 600 Index sank 1.4 percent to the lowest since April.
The U.K.’s FTSE 100 Index fell 1.3 percent, the most since March.
Germany’s DAX Index decreased 1.5 percent, the most since the end of March.
The MSCI Emerging Market Index slid 1.2 percent to the lowest since December 2017.

Any questions?

let me see if i got this straight.

A nationalist gov should be in control of italy. the globalist staged a coup.. The markets dropped to help the globalist get more wealth and power.

The question, was this a planned thing, or are people taking advantage of it

My take, predictable...

24,361.45 -391.64 -1.58%

A fixed deposit (FD) is a financial instrument provided by banks or NBFCs which provides investors a higher rate of interest than a regular savings account, until the given maturity date. It may or may not require the creation of a separate account.

originally posted by: ketsuko
a reply to: stormcell

They were on the edge before then.

They were always on the edge. Even before the Euro. Back in the 1970's, the lunchtime news would always have a segment on what the currency markets were doing. Those currencies were more volatile than cryptocurrency today. One air-traffic controllers strike and the currency would immediately drop and speculators would move money into Deutchmarks or Sterling. Then the government would be forced to devalue the currency, tourists would book their package holidays for Summer and balance would be restored.

a reply to: stormcell


Europe might have to drop the EEC, Because of the debt burden inflicted on the PIGS. They cant just keep bailing them out, and then inflicting harder austerity measures each time the head for default. Its a recipe for disaster .

a reply to: TheJesuit

what does the word 'contagion' mean??

Is there anything wrong with the word contagious?

The 'disruption' to the greater EU...caused by Italy... will soon be settled down and worked-around

the Globalist Elites running the EU will actually do well in fixing the Italian Financial problems and 'bundleing' all those risks in that nation as Nationalist mistakes... which promotes all future action from Brussels HQ as blessed Socialist/Progressive Policy by the modern Fascist elites to create the ideal Theme Park Model environment to live and work in...


I bet the individuals insisting on personal freedoms/rights will be exiled to the hell-holes the Muslim Immigrants came from as punishment for having covert guns and other such contraband that is harmful to the Progressive Ideology there in the EU

originally posted by: Azureblue
a reply to: TheJesuit

what does the word 'contagion' mean??

Is there anything wrong with the word contagious?

ever see the Skittle Pox commercial on the TV...


it is cute, and answers your " ? "

a reply to: Azureblue

Higher interest rates offered for bonds, money market and even savings accounts are the only new elements.

They are unwinding the quantitative easing that bolstered the banks and stock markets during the recession.
Countries like Italy and Spain had more exposure due to larger bail outs and write offs.
Here in the states they have decided to unwind s l o w l y meaning the stock markets are unlikely to crash.
Historically there have been longer term periods of a year or more where stocks lost a little more than their price value plus earnings. Those were times when buying debt via financial instruments like bonds proved to be wiser investments.

this article has it correct=== It's more Political than Financial:

finance.yahoo.com...

As political turmoil in Italy spread contagion through global markets, Soros counted the planned U.S. termination of the nuclear deal with Iran and what he called the “destruction” of the trans-Atlantic alliance...

...Billionaire George Soros, who warned of a looming financial crisis and an existential threat to the European Union on Tuesday, is shorting stocks from Stockholm to London.
Below are the top five short bets of Soros’s investment firm by market value.


Company

Boliden
-55.11
CYBG
-30.18
Domino’s Pizza Group
-22.63
Krones
-20.53
Aggreko
-20.16

so Soros is busy making money even as chaos reigns in the EU markets ~ at least for a day-or-two

a reply to: TheJesuit

Fact is you are not supposed to retire, you are supposed to work until you drop dead doing so.

Merkel and Macron begged Trump not to ditch the Iran deal. Now we know why. 2 equal payments of $250 billion. Yeah that would keep the PIGS fed for awhile. That kind of money can do all sorts of things....

The PIGS would be wise to go get financial tips from Iceland to clean up their mess instead of trying to beg, borrow, or STEAL other peoples money.

a reply to: CAPT PROTON

The PIGS don't have a choice. Their hands are tied. They're at the EU's mercy and have to do what they say.

a reply to: TheJesuit

"Global contagion in the financial markets"

Everything seems to be ticking along pretty normally to me

The thing about "Global contagion in the financial markets" is that it's all a blip in time.

What financial markets like is stability. They also like the odd bit of panic so people can get rich in speculating.

There's been a crisis in the Eurozone for some time, in that the counties that have benefited from the Euro have not been willing to help countries that have been damaged. Greece is obvious, but Italy has been stagnant for a decade while Germany has done very well, thank you very much.

This won't lead to the end of the Euro, or the end of the EU. What it will lead to is the EU consolidating its grip on member countries, and this idea of the ever closer union being the only way to tackle dissent. Lucky the UK is jumping ship, and lucky the UK kept sterling and did not join the Euro. But, with each crisis countries find that they are being drawn closer together, and one could almost imagine that the Eurozone financial policy is to force countries together.

You can almost bet that off the back of the Italian Job, we'll get a Euro Finance Minister to help "modernise" the Eurozone.