Look Out Below, -5% European Version

click for live Euro market update


click for updated US futures


World indices taking a beating, with Germany off 5% and the rest of Europe down nearly as much.

In the states, thing look only marginally better — down 2% to start. Add that to Friday’s whackage, and we are at Euro levels.

Bloomberg: U.S. Index Futures Plunge, Signaling Decline on European Banking Concerns

WSJ: Europe Signals Global Gloom

NYT: European Bankers Urge Leaders to Move Quickly on Debt Crisis

Feel free to discuss . .  .

Print Friendly, PDF & Email

What's been said:

Discussions found on the web:

Posted Under