Pages

Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros

Thursday, October 16, 2014

EUROPE IS TANKING AGAIN, GREECE GETTING SMASHED

Good morning, and welcome back to the selloff! It's ugly in Europe again Greek stocks, which got totally destroyed yesterday, are down another 2% today. Italian stocks are down another 2%. Other indices are off a bit less. There's also a bit of a freakout on the bond side of things, with Greek 10-year interest rates surging to over 8%. Generally, this feels VERY much like the bad old days of the Eurozone crisis. Oil is weak again, and hanging just above $80/share.SEE ALSO: Here's The Full Scorecard Join the conversation about this story »


READ THE ORIGINAL POST AT feedproxy.google.com