"Have you met the cretins we have in Westminster? Do you think we can be worse than that?" --- Nigel Farage
Shares hit by German short-selling banShares in Europe and Asia fell on Wednesday after a surprise move by Germany to ban some types of short-selling of shares.
As reported on the BBC. Probably not what the German authorities expected.
The Law of Unintended Consequences...So was it the implication that the markets are weak and need protection from an expected bear rush? Or the loss of liquidity from the ban? Clearly a lot of people decided to sell up and get out on the news, for whatever reasons.
Or just that the markets don't want to like the Germans, no I think it was probably fear of something bad as telegraphed by the German minister trying to build some protection.
Post a Comment