Mercury Rising 鳯女

Politics, life, and other things that matter

Look out below, Tokyo edition

Posted by Charles II on February 9, 2016

The problem seems to be that people are afraid that oil companies can’t pay their bonds, and that banks, especially European banks, will fail. In any event…

 

Nikkei-plunge

(Image from CNBC ca. 1:30 AM Eastern).

Dax looks to  down 3%, S&P -0.8%.

Expect an ugly start to the day–and the Year of the Fire Monkey– unless the ECB issues some guarantees. One source says:

 

Monkey is a smart, naughty, wily and vigilant animal. If you want to have good return for your money investment, then you need to outsmart the Monkey.

 

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One Response to “Look out below, Tokyo edition”

  1. jo6pacjo6pac said

    Yep, the whole system is going down pretty fast. Mish had something up today about forget China, Japan is the real problem. Then it looks like Germany has a bank going over the edge and with negative interest the new rage it’s getting to be a bumpy ride until ? Sad, us little people will truly suffer while .001% get richer. I’m going long on pitchforks and guillotines;)

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