by John Galt
May 6, 2012 19:15 ET
US Equity futures as of a 1/2 hour ago:
That was not hard to predict.
Neither was the emergence of anti-austerity leftist and extreme right wing parties becoming viable in Europe. As a result of the elections in France, Germany (local), Greece, and Serbia, it would appear the Euro will be punished severely and traders have broken out the chairs and whips tonight:
That chart looks good compared to the reaction of the Euro versus the Japanese Yen:
This could end up being a very, very long night for traders as the realization that banksters will see a backlash this election season could change the face of the world’s political and economic structures unless they act quickly and decisively….which usually means war.