07 May 2012

Investors and stock market traders freaking out

The entrance the Australian Stock Exchange, thanks wikipedia!
Yes they seem to be literally freaking out because of mad economic issues around the place, probably Greece, as per usual, some worry about the new elections in France too with a potential socialist big spender on the loose , but  no doubt other weird financial peculiarities of a somewhat bizarre system in the first place. They reckon about 27 Billion suddenly just DISAPPEARED from the stock exchange, like what magical cave did it go into? Can't they just leave it all alone for just five minutes?

Well the mining industry seemed to have been dumping shares like they are digging themselves into a bigger hole, or is that hiding away the dirt in another pile to dig up later? whatever the stock market looks insane, lots of fingernail biting probably going on.

SMH has more of  the low down, in case that floats your boat

1 comment:

  1. no wonder, it's all just a bit crazy. The price of oil is also going down too

    ReplyDelete