Quote:
Originally Posted by nmap
Looks as if the stock market isn't happy.
Copper LINK suggests declining economic activity - globally.
Is Greece the problem? Or is the market looking at something else? I suspect the latter.
Time to be cautious.
If this develops into a substantial decline, the effect on pension funds and other institutional accounts is likely to be substantial. In addition, if economic activity declines, tax revenues are likely to do the same. I doubt this will lead to congenial politics anywhere in the world. |
They were blaming a bad P&G sale (Glitch or Human Error?) + the Greek thing.
And the unemployment figures were better than expected!
The market is ridiculously volatile right now!
I'm buyin tin foil and ammo.