WoW–> "FANGs comparison with October 1929 SPX," h/t @NautilusCap pic.twitter.com/aA4kfYCP78
— Alastair (@StockBoardAsset) April 25, 2018
https://twitter.com/OccupyWisdom/status/988928299584901120
https://twitter.com/OccupyWisdom/status/988928321567297536
#NYSE suspends trading in #Amazon, #Alphabet because of their $1,000 #stock prices. Nothing to see here, No manipulation, No bubbles, move along & party like it's 1929! pic.twitter.com/ihWasRV1Tl
— Planet Ponzi (@PlanetPonzi) April 25, 2018
They said – everything is fine — do not worry… pic.twitter.com/UErxupNn9q
— Alastair (@StockBoardAsset) April 25, 2018
Dead Man Walking–> "So the CFO of Caterpillar said their 1Q results were as good as they'll get this year. Obviously, the market didn't like it… plus if you consider its business, it's not exactly a screaming recommendation of global growth," h/t @DavidInglesTV pic.twitter.com/TjLztYLJou
— Alastair (@StockBoardAsset) April 25, 2018
https://twitter.com/OccupyWisdom/status/988901291886809088
https://twitter.com/OccupyWisdom/status/988901850735837187
#CNBC Shill Kevin O'Leary Shrieks: Stocks Are Cheap, A Good Buy With These Magnificent Earnings. LOL!!!! Yea, Right! They Are A Good BYE, Kevin! Party Like It's 1929! pic.twitter.com/bp4q4d2ZdQ
— Planet Ponzi (@PlanetPonzi) April 25, 2018
Global economic crash WARNING: France urges stress tests fearing worst
GLOBAL economic uncertainty has forced France’s central bank chief to demand stress tests for the country’s lenders to see whether they could cope with another financial crisis in the Eurozone.
Regulators fear the world could plunge into chaos if a new crisis – be it war, protectionism, or an economic downturn – shocks the financial system and causes liquidity to dry up.
They want to ensure there is enough money in the bank to withstand the financial trauma of a worst-case-scenario banking crisis in the Eurozone.
Bank of France governor Francois Villeroy de Galhau told a conference at the French central bank: “To measure the global impact of shocks, we need in particular to have macro stress tests of liquidity, including for investment funds.
“These actors are potentially vulnerable to runs in case of a market shock if they are open and don’t have a way of capping buybacks.”