ndex MTD S&P 500 (SPX) -6.1% Nasdaq Composite (COMP) -6.9% Oil (NMN: CLN2) -16% Spain Ibex 35 (XX:IBEX) -13% Japan Nikkei 225 (JP:100000018) -11% Hong Kong HSI (HK:HSI) -12.5% Russia RTS (RTG: RTS) -20% Euro vs. dollar (EURUSD) -6.4% U.S. Treasurys (return) (10_YEAR) +1% Dollar index (DXY) +5.5% CBOE Market Volatility Index (VIX) +41
Your signature caps of that post nicely, will be interesting to see how the FED views a strengthening dollar? The race to the bottom is being won by the Euro without printing... well done
As a matter of interest, what's to stop the Greeks from printing more Euro. I'm sure that there are checks and balances governing this, but hey, we're talking about the Greeks.
Lack of a printing press (electronic or other) and a central bank. They gave up the ability to print money (any sort) right after they signed their sovereignty over to the EU... it a global village after all, greater good and all that crap
