"There is no other way to describe today's market carnage than a
market in turmoil where
things are rapidly breaking as the sudden disappearance of Russia's "toxic" commodity collateral is suddenly sparking contagion and widespread liquidations.... and the Dow tumbling more than 800 points, everything was in the red, with the exception of the defensive utility sector.
things are rapidly breaking as the sudden disappearance of Russia's "toxic" commodity collateral is suddenly sparking contagion and widespread liquidations.... and the Dow tumbling more than 800 points, everything was in the red, with the exception of the defensive utility sector.
Europe was even worse, with Germany's DAX closing down 2%......wheat futures closed limit up again at a record $1,425 translating into
an all time high $12.94 per bushel on fear Ukraine and Russian output
will be cut off." ZeroHedge
No comments:
Post a Comment