Lets start off this Thursday by saying that I need a nap. My 4 legged adoption was up all night sick and my apartment stinks. The windows are open… The contrarian in me is therefore looking for a good day on the markets. The recent trip through the tunnel-of-love as the hall-of-mirrors still has my uneasy.
European markets are broadly lower, but not exceedingly. The CAC40 -.59%, DAX -.9%, Z -.56%
Gold (GC) is sliding very orderly -1.14% and it’s beta brother Silver (SI) -2.27%
The S&P Futures (ES) is sticking with Europe -.48%
Oil (CL) continues its decline -1.35%
I’m going to spend some of my sleepy day researching bbq’s. A few weeks ago, I saw a ‘BBQ chiminée’ in action. These things are perfect if you prefer to cook with charcoal.
After I waste some time looking for a BBQ chiminée, I’ll get back to work.
This Morning: “The European markets are dipping this morning, not exactly plunging like yesterday CAC40 (-1.4%), FTSE (-0.5%), DAX (-0.4%), not yet in any case. The banks continue to fall with BNP down over 7% on rumors that they can’t borrow dollars.” Now: The European markets and the CAC40 (+1.13%) in particular have closed in the green. All that fuss about BNP went away with one press release.