The Ugliness Continues — Markets Are Deteriorating Again


At the moment, we’re looking at the third straight day of soggy, ugly markets.

Europe is red across the board.

Italy is down 0.5%.

Germany is off 0.4%.

Spain is down 0.6%

This comes after a night in which the Nikkei fell 0.9%.

This week has seen a swirl of hard to read headlines. People are supposedly worried about the fiscal cliff, and Greek/Spain fears have flared up. And of course there’s been the election, which of course has caused people to reassess and so forth.

US futures were up earlier, but have no erased those gains.

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