johnhaskell

Please Close the Markets

since there are no buyers, I assume volume on the NYSE today is zero? Please confirm this.

BTW the Russian market in 1998 fell 93% in twelve months but trades continued to be put through the system and buyers found, even though no one was protecting them, kissing them where it hurt or giving them a hug when they fell down.

The Fed's Coming Rate Hikes

the man who cut 75bps because of Jerome Kerviel will not raise rates while a) an election is coming up; b) house collapse accelerating to the downside; c)financial system continuing to wobble dangerously with every major bank continuously raising capital and KBW index hitting new lows daily.