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« Jack Daniels Explains The Deficit | Main | Bears Ripping Thru Wall Street - Dow Down 350 Points »
Thursday
Aug042011

Stock Market Takes A Bath With Mr. Bubbles

Funny commercial from the 1940s.

 

 

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Reader Comments (6)

Aug 4, 2011 at 1:51 PM | Registered CommenterDailyBail
Aug 4, 2011 at 1:51 PM | Registered CommenterDailyBail
Aug 4, 2011 at 1:51 PM | Registered CommenterDailyBail
Aug 4, 2011 at 1:52 PM | Registered CommenterDailyBail
Flash Crash (Or Crash Crash) Imminent? Put On Those 19.99% Down Limit Buy Orders Now

http://www.zerohedge.com/news/flash-crash-or-crash-crash-imminent-put-those-1999-down-limit-buy-orders-now

It's not 2008 huh

hmmmm...let's see what Europe thinks

http://market-ticker.org/akcs-www?post=191418

Warning: Congress Made A Big Mistake

http://market-ticker.org/akcs-www?post=191411

Why the Market Is Tanking

http://www.zerohedge.com/contributed/why-market-tanking
Aug 4, 2011 at 3:39 PM | Unregistered CommenterLiberatedCitizen
Mike Shedlock
Futile Bail Out of Italy Up Next

The idea the ECB can "protect" Italy by buying Italian bonds is as silly as the idea the ECB could protect Greece by buying Greek bonds. We all know how the Greek purchase turned out.

Market forces will overrule anything the ECB can do.

Worse yet, the ECB is exacerbating the problems. If the ECB misprices bonds and does so repetitively, other participants will eventually step to the sidelines and the ECB will become the buyer of only resort, with a balance sheet full of garbage and obvious implications.

Who Will Bail Out the ECB?

Who pray tell will bail out the ECB? The correct answer is no one, and this is one of the driving forces of gold.

http://finance.townhall.com/columnists/mikeshedlock/2011/08/04/futile_bail_out_of_italy_up_next/page/2
Aug 4, 2011 at 4:33 PM | Unregistered CommenterLiberatedCitizen

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