Post by
curiousbuild on Jul 20, 2016 11:24pm
S&P
is just one Italian bank default away from hitting 3000.. two European countries under state of emergency, IMF slashes global outlook growth yet optimism is all time high.. thanks to helicopter money promises.. ECB decision and market reaction after it will be interesting tmrw.. CB
Comment by
curiousbuild on Jul 21, 2016 12:23pm
I expect to pokemon stock exchange to crash after Kuroda disappointed hopes of helicopter money.. that should add some sell off tomorrow and next week in global markets.. Draghi did the right thing, next week Yellen and then Kuroda again.. VIX is up today nicely.. things will get worse in Turkey and France politically.. OIL sub $45 it is about time 25PE TSX to see 10% correction again.. CB
Comment by
curiousbuild on Jul 22, 2016 10:12am
oil about to break down $44 .. when does panic start? CB
Comment by
Eric1212 on Jul 22, 2016 10:17am
I doesn't know, i sell my last long position (11K$) for a short time GIC(If my adviser doesn't offer me something else.) Monday at the price of the end of day.
Comment by
MayorRobFord on Jul 22, 2016 10:45am
I think you will do better on a negative interest rate GIC that most would do with HVU.