GoFuckYourself.com - Adult Webmaster Forum - View Single Post - News Global economy is headed for a recession

InfoGuy · 03-09-2020, 12:35 AM

Oil futures plunged this morning with NYMEX crude at $30 and Brent crude at $33.75. Asian markets down 3% to 5%. European equity markets haven't opened yet, but FTSE 100, CAC 40 and DAX indicated down 8.75% to 9.7%. Dow 30 indicated limit down 1255 and Nasdaq 100 indicated limit down 410. Huge flight to safety with all US Treasuries at < 1%. 30-year Treasury is 0.73%.

Also, this weekend India seized control of Yes Bank, the country's 4th largest private bank and Lebanon is defaulting on a 1.2 billion Eurobond loan today.

03-09-2020, 12:35 AM
InfoGuy 80/20 Rule Industry Role: Join Date: Apr 2010 Location: Los Angeles Posts: 3,052	Global economy is headed for a recession - oil plunges 25% Oil futures plunged this morning with NYMEX crude at $30 and Brent crude at $33.75. Asian markets down 3% to 5%. European equity markets haven't opened yet, but FTSE 100, CAC 40 and DAX indicated down 8.75% to 9.7%. Dow 30 indicated limit down 1255 and Nasdaq 100 indicated limit down 410. Huge flight to safety with all US Treasuries at < 1%. 30-year Treasury is 0.73%. Also, this weekend India seized control of Yes Bank, the country's 4th largest private bank and Lebanon is defaulting on a 1.2 billion Eurobond loan today. __________________ Support American Heroes \| How Bad is My Batch? \| Vaccine Deaths & Adverse Reactions \| Free Speech Coalition \| <WARNING> ePayService / Guerra Capital, INC / MTACC payments \| Flirt4Free Fucks their Affiliates \| Don't do business with piece of shit Andy Alvarez from Webmaster Central / VR3000, who said: "If it was up to me, they would have shot all 30,000 of those country loving shitheads"