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Dr. Fly
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
23,417 Blog Posts

European Markets Crushed Lower; U.S. Futures Point to a Pain Filled Friday

Dr. Fly Fri Apr 29, 2016 9:03am EST 1 Comment

Good, you all deserve to lose money, betting long in a market destined for horrible things.

Dow futures are off by 70, which is amusingly hilarious, since The Facebook, LinkedIn, Amazon and so many other fantastic companies beat estimates. This is classic misdirection. You are provided with a few sexy bullet points, while the whole system underneath erodes and rots away.

Both the CAC and DAX are sharply lower, by 1.7% and 1.9%, respectively.

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One comment

  1. nocturne
    nocturne
    April 29, 2016 at 9:20 am

    The Japanese and Chinese will be devaluing their currencies like rabid dogs in May. This is being front run in the European and US markets the yesterday and today.

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