Thursday 6 May 2010

What a day!

The SNB filled his boots and pulled his bid in EURCHF........... result- market goes into "sell the hell out of it" mode and we head three big figures lower. More fun and games in US Equity markets later in the day with the DOW being whacked for the best part of 1,000 points before recovering most of those losses. Turbulent times and I guess that they will be with us for a while- if only the Greeks can learn that you can't retire at 53 and expect the state to support you comfortably into your old age.

No comments: