Taper OnTriggers Hindenburg Omen And "Risk Off" Where's the buy-the-dip mentality? Yesterday's collapse triggered yet another Hindenburg Omen - the 7th in the last month) and it appears it is the equity market's turn for some pain as Treasuries (which initially weak) have stabilized 2-3bps higher in yield. The Dow has lost 15,000 and is down over 200 points today; the S&P 500 is testing back to its 1,600 level; but homebuilders are being ...
June 20, 2013 - Zero Hedge
Stephen Colbert in CTV.ca For those critics who said personnel changes at the White House were akin to rearranging the deck chairs on the Titanic, Colbert said: "This administration is soaring. If anything, they are rearranging the deck chairs on The Hindenburg."