- Prison Planet.com - http://www.prisonplanet.com -

Markets In Turmoil – Stocks Sliding As Bitcoin Tops $400

Posted By admin On November 13, 2013 @ 11:22 am In Money Watch | Comments Disabled

Zero Hedge [1]
November 13, 2013

With a shiny red ballon dog selling for $58 million, perhaps it was time to take a little profit in the equity exuberance. S&P futures are down 9 points from last night’s close – which in the new normal is considerable (sadly) – with no macro data headlines this morning to spark a move, we will be watching JPY (which for now is rallying awkwardly) for signs of ignition. Meanwhile, as the USD flatlines (despite dispersion in FX), Bitcoin just toppped $400 for the first time ever – doubling in the last two weeks. Precious metals are up modestly; treasury yields are limping lower; and European equities (and sovereign bonds) are having another tough day.

S&P Futures an odd shade of green (called red we hear) this morning…

[2]

Bitcoin tops $400…

[3]


Article printed from Prison Planet.com: http://www.prisonplanet.com

URL to article: http://www.prisonplanet.com/markets-in-turmoil-stocks-sliding-as-bitcoin-tops-400.html

URLs in this post:

[1] Zero Hedge: http://www.zerohedge.com/news/2013-11-13/markets-turmoil-stocks-sliding-bitcoin-tops-400

[2] Image: http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/11/20131113_OP1.jpg

[3] Image: http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/11/20131113_OP2.jpg

Copyright © 2013 PrisonPlanet.com. All rights reserved.