iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,445 Blog Posts

DOW FUTURES -366; BLACK DEATH BREAKS OUT IN MADAGASCAR

We are heading for a brick wall made from dynamite sticks.

Dow futures are plunging lower, down 359. Crude is off by 4%. European markets are off by 3.5%. If matters could not get worse, the plague has broken out in Madagascar, killing 63 since August out of 174 cases. The days of man walking the earth are ending.

futures

Have a pleasant day.

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14 comments

  1. sethster99

    How come the last time I clicked ibankcoin.com, I was forwarded to zerohedge?

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    • helicopter ben

      Fly’s been bullish since I first came here in like 2012. Read his posts from 2007-2008, when the fly takes defensive positions, it’s good to listen.

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      • sethster99

        I know. I’m just joking around. He’s very astute. That’s why I come here.

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      • helicopter ben

        Too early in the morning swhere I’m at…

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  2. xxxhuggiebearxxx
    xxxhuggiebearxxx

    Gammpa Fly, i’m scared

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  3. tradercaddy

    Weren’t rates going up in the early 30’s (1930s) because they were stooopid and only served to prolong the Depression ( at least until Hitler got the world economies going with war factory production).
    Wages blow, near record dropouts in job participation, zip inflation, etc. Still not understanding the rate rise need.
    Oh well, off for some tennis and then maybe a little fishing off the coast.
    This semi retirement stuff ain’t bad (although getting boring). Next thing you know I’ll be clipping coupons for the Golden Corral early bird special.

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  4. Dr. Fly

    You’re all going to die…each and every single one of you.

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    • tradercaddy

      You know, I may be getting close.
      Ever since I started getting my SS check (getting my $$ early TY very much), my aches and pains started up (never had them before). Funny how that works.

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  5. probucks

    LMAO – I didn’t see the black plague headline but geez

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  6. probucks

    were down 2.30% in futures, vols only up 40bps

    Basically if we were to REALLY sell off…. it’s going to be about 10x worst than this 🙁

    Apparently this is orderly

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  7. bruce keller

    It is a bizarre world. Madagascar is supposed to be the one country to avoid the contagion!

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  8. edgar

    the low for the year will be set in about 15 minutes

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