Monday, April 20, 2009

Green Shoots. My Ar*se

GLOBAL MARKETS-Global stocks tumble on BofA results, oil slumps

Wall St slides on bank jitters, earnings outlook caution * US dollar rallies broadly as equities worldwide tumble * Government debt shines on banking worries flare up * Oil drops over 8 pct on economic outlook, dollar rise (Recasts; updates U.S. markets; changes dateline, previous

Posted by pesimistic @ 06:31 PM (841 views)
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3 thoughts on “Green Shoots. My Ar*se

  • dohousescrashinthewoods says:

    Maybe there was something in that PI cycle turn this weekend after all.

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  • general congreve says:

    PI cycle or not, it was inevitable the new found confidence couldn’t last. Ready for the next leg down on the rollercoaster of doom?

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  • dohousescrashinthewoods says:

    Even if it’s not back to doom and gloom just yet, the weak clamour about green shoots is starting to wear thin.

    There may be one last puff of hot air in the bag yet, but I think we are on the turn.

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