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Thursday, September 22, 2011 3:50 AM


Asia Bloodbath Follows US Selloff on Wednesday; Europe Bloodbath Follows Asia Bloodbath; US Futures Red for Thursday


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Unless there is a dramatic change in the European markets in the next few hours, there is going to be significant follow-through to the post-FOMC selloff in the US. Here are a few screen shots as of approximately 3:30 AM Central.

Asia Pacific



Europe



US Futures

S&P 500 Down 18 points - 1.6%
Nasdaq 100 Index Down 31 Points - 1.4%

We have seen futures turn around countless times. Unless the ECB or EU has another rabbit in its hat, this one will stick.

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com
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Asia Bloodbath Follows US Selloff on Wednesday; Europe Bloodbath Follows Asia Bloodbath; US Futures Red for Thursday

Posted by Michael Shedlock at 3:50 AM

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