– European Stocks Plunge, Enter Correction (-11% From Record Highs) (ZeroHedge, Oct 15, 2014):
Greece (-6.5% today), Italy (-4.4%), Spain (-3.6%), and Portugal (-3.2%) all saw major stock price collapses today dragging the broad European Stoxx 600 index down 11.4% from its highs just 18 days ago… All European stock indices are now red for 2014
All European national stock indices are red YTD…
Charts: Bloomberg
Possibly related info:
– Did Today’s ‘Satan Signal’ In S&P Futures Give The ‘All-Clear’ For Selling To Begin? (ZeroHedge, Oct 9, 2014):
… “someone” canceled-and-replaced orders for 666 contracts 26 times in the 1130ET to 1200ET period …
Nobody talks about the eastern markets which are all in the green.
The two debt laden organizations, the US and the EU are in trouble, people are starting to ask for their money. We have been expecting it for some time.
So, what is there to be surprised about? Debt and more debt leads to debt.