EVERYTHING JUST GOT WORSE: S&P Dives Some More, Euro Tanking, Germany Off Over 5%

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Photo: Demolition Dynamics

Things were already looking grim this morning, and now everything just got worse in the last several minutes.S&P futures are now pointing to an open off over 2.5%.

Germany is off over 5.2%.

The euro is getting crushed, having fallen below $1.367.

And if you have a strong stomach this morning, check out the Italian-German bond spread.

Meanwhile, there’s tons of news. People are still talking about MF Global. There’s the Greek bombshell about the referendum. More talk of government shake up in Italy.

Welcome to November.

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