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
23,446 Blog Posts

Asian Equities Lower, Futures Lower, Commodities Lower

Give doom a chance.

Some people believe I’ve gone mad, having transformed from 200 trades per month to a handful. My prognosis for the stock’d market for the year of 2016 is one of inexorable doom. Dare I say, markets will plunge and take a decade to recover. But before that happens, we can all revel in the absurdity that you believe to be ‘bullish’ for stocks, such as 1.5% growth, mountainous amounts of sovereign debt and financial engineering like we haven’t seen since 1929.

The NIKKEI and China are both lower by 0.60-1%.

S&P futures are down, plunging, by 0.03%.

And crude oil is lower by 1.3%.

I’ll be providing some news stories throughout the night, as I deem fit. I intend to post 100 bloggeries this week, most of which will make you laugh so hard it’ll make you depressed.

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8 comments

  1. aformalcat

    0.03%

    wat

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  2. Caffeinated

    All we are saying, is give doom a chance… brilliant.

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  3. UncleBuccs

    Maybe we can spin some bearish themed tunes tonight to get the party started??
    “House Burning Down”
    http://youtu.be/FnYWfVPT5aI

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  4. probucks

    Fly – Will the ARK still float in this “Lost Decade”?

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  5. wisprjet

    Hoping the Ark doesn’t “Drift Away” without us.

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  6. Caffeinated

    Apparently there was humor regarding that other ark too.

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