Market tanks tomorrow - Europe falling deeper into the rabbit hole
And we all know things are getting worse in Greece, Spain, Italy, Cyprus, Portugal, etc. In fact Germany GDP is falling while France weakens. Question is when does the Euro go POP?
Renewed worries about Europe overshadowed an encouraging U.S. jobs report, and stocks flipped between slight gains and losses on Thursday. According to preliminary estimates, the Dow Jones industrial average fell 16 points to 13,966. The broader Standard & Poor's 500 index dipped 0.50 point to 1,520, and the tech-heavy Nasdaq composite index inched up 0.44 point to 3,197. European stock markets posted losses after weaker-than-expected euro-zone GDP data. MarketWatch online financial news provider says government economic data confirms the region slipped deeper into recession in the final quarter of 2012 and reminded investors of the persistent problems across the continent.
It should've never have gotten here in the firat place, yet here it is. All arifical bs, hocus pocus cr@p! I would like to see a huge correction, but with all the printing of monopoly money, I sadly don't see it coming.