Global markets buckled and about $3 trillion was erased from equity values on Friday— Abner Doon (@ghartzman) June 26, 2016
#Minskymoment And then the central banks piled on..., and then, either the frogs stay in the pan, or they'll jump https://t.co/guJtc4Vfn2— Abner Doon (@ghartzman) June 26, 2016
Middle Eastern Stocks Slump as Investors Weigh Brexit Fallout https://t.co/oSAGrsawlo via @business— Abner Doon (@ghartzman) June 26, 2016
"The plunge prompted the head of the stock exchange, Mohamed Omran, to issue a rare statement asking investors “not to panic,”— Abner Doon (@ghartzman) June 26, 2016
the declines in the Israel are fairly muted as the impact is expected mainly from the risk a global economic slowdown could have on exports,— Abner Doon (@ghartzman) June 26, 2016
As England's pound falls, the US dollar rises, UK goods cost less for us, our goods more for them https://t.co/ZOafZK29e8— Abner Doon (@ghartzman) June 26, 2016
"long/short equity and macro hedge funds had higher equity exposure than average, while mutual fund cash balances have remained low— Abner Doon (@ghartzman) June 26, 2016
retail investor equity exposure has been close to 2007 highs."— Abner Doon (@ghartzman) June 26, 2016
"We see another 5-10% downside to the S&P 500 in the short term as likely— Abner Doon (@ghartzman) June 26, 2016
"the actual disaster isn't the vote, it's the eight years of policy that made it thinkable."— Abner Doon (@ghartzman) June 26, 2016
Britain leaves the EU because a majority no longer wants to tolerate the union's political [and financial] failure."— Abner Doon (@ghartzman) June 26, 2016
"EU no longer been working, because it has bound together countries economically and politically that are simply not suited to one another— Abner Doon (@ghartzman) June 26, 2016
"If the EU eventually wants to present itself as a democracy, the European Parliament must remove Juncker— Abner Doon (@ghartzman) June 26, 2016
"Easy-money policies and unprecedented monetary stimulus have started to backfire in global financial markets"— Abner Doon (@ghartzman) June 26, 2016
low interest rates and bond-buying programs - yields below zero on $8 trillion of , a record amount - are causing anomalies in asset values"— Abner Doon (@ghartzman) June 26, 2016
The stimulus produced by the world’s monetary authorities will approach the limits of its effectiveness"— Abner Doon (@ghartzman) June 26, 2016
"With the cost of money so close to zero, the profitability and resilience of banks has been sapped— Abner Doon (@ghartzman) June 26, 2016
Lenders across Europe are struggling to increase revenue as the European Central Bank pushes interest rates below zero"— Abner Doon (@ghartzman) June 26, 2016
"Debt has been acting as a political and social substitute for income growth for far too long.— Abner Doon (@ghartzman) June 26, 2016
"Debt has been acting as a political and social substitute for income growth for far too long.— Abner Doon (@ghartzman) June 26, 2016
the world has relied on more debt and lower rates to buffer the failure of pols and thrust all responsibility for "growth to central bankers— Abner Doon (@ghartzman) June 26, 2016
politicians no longer able to punt to central banks in lieu of making unpopular, debt-funded decisions"— Abner Doon (@ghartzman) June 26, 2016
"the result will be surge in anger as the debt-funded welfare state sees its funding to keep the majority content, is no longer so generous.— Abner Doon (@ghartzman) June 26, 2016
The global economy cannot afford to rely any longer on the debt-fuelled growth model that has brought it to the current juncture— Abner Doon (@ghartzman) June 26, 2016
If the thunder don't get you, the lightning will" brandenspire— Abner Doon (@ghartzman) June 26, 2016
