"Moscow-based internet security giant Kaspersky said Thursday that massive cyberattacks were hitting five of Russia’s largest banks. Earlier several days ago, an explosion hit Russia’s electrical grid, and 300,000 Russian homes were without power.
This is a bad thing to be happening after the US announcing the military had hacked into Russia’s electrical grid. I refuse to think that the US could be so stupid as to do something like this."
These 70 transition days sure could get interesting.
yeah red kneejerk everything and we got 70 days of transition ahead, year end coming up and the start of the Trump Administration policy platform to gossip about endlessly. We got an internet full of conspiracy theorists, tin pot pundits on every corner, a main stream media full of conformist mouth pieces for P.C. crap and a whole lot of people with time on their hands. This could be fun. Good grief. My nerves aren't up to it.
Still think the Euro performance (or rather total lack of reaction and failure to sink with other currencies post-election) is a bullish signal. But I wouldn't hang my hat on anything in the short term. Looks to me that we just saw was a massive clearing out of positions. More hedge funds to hit the wall this year I would say. I read somewhere that hedge funds had massive long Rouble positions. Late comers just got cleaned out.
Hopefully we will clean out a lot of rubbish into year end and get some price discovery next year.
london red 21:38:43 GMT - 11/10/2016
when us rates rise em gets it in the neck paris. right now we are see kneejerk moves everything packaged in one. the themes and picking good frm bad will start to play out once these initial legs are done. certain em will do better than other under trump policies. sanctioned russia and those affected by the sanctions may be a play but not yet.
Paris ib 21:30:49 GMT - 11/10/2016
Anyone have any idea why?
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