Euro Plunge Accelerates, Silver Diving, Oil Diving, Market Rally Vanishing

Sweat

Photo: Flickr/Jeffrey Montes

Will Der Spiegel really spoil our fun like this?What was previously a big “risk on” kind of day has turned fairly ugly.

The euro is down sharply for the second straight day.

Oil is in the $97 range, after having been well over 100 earlier.

Silver is back in the mid-$34s.

Stocks are still higher, but well of their old highs. The S&P is just up 2.

Could be a whiteknuckle final hour.

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