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Thursday, November 28, 2024

Here We Go – G20 Sources Say Global Central Bank Intervention Coming

Submitted by Mark Hanna

Courtesy of MarketMontage. View original post here.

Boom.  Supposedly coming after Greek elections “if needed”  – S&P reversed 13 points in minutes.

EDIT 3:20 PM – again, it is nearly impossible to invest/trade in this environment as it’s all about the interventions rumored or expected (or coming).  The markets have given back some of those gains and still not over 1335.  Disgusting environment waiting for central bankers constantly.

Here is the story.

 

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Any securities mentioned on this page are not held by the author in his personal portfolio. Securities mentioned may or may not be held by the author in the mutual fund he manages, the Paladin Long Short Fund (PALFX). For a list of the aforementioned fund’s holdings at the end of the prior quarter, visit the Paladin Funds website at http://www.paladinfunds.com/holdings/blog

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