11.10.2011

Markets @now...a great volatility puzzle!


This is a very interesting graphic. A snapshot of the marketwatch on 10th November 2011 at 10.00 pm. It’s been crazy stuff in the markets. The Eurozone troubles are thickening despite the flip flop pertaining to the debt heavy countries. Look at the circled headlines. The first says US foreclosures jump a whopping 7% in Oct. Second says Asian stocks tumble on Italy fears. Third says Europe stocks rise on hopes over Italy cure. Fourth one, a story by Peter Brimelow which talks about how current market movement is looking like 1973 and we could witness a heavy fall in the coming few months. The fifth and the last one says that the US markets have rebounded after a selloff. On top of it all, Gold is down $50 right now …reasons totally unknown and oil is at a four month high…..have not seen weird and esoteric moves than this. Indeed a great volatility puzzle. 

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