VIX

Greek stocks badly hit by global fears

The Athens Stock Exchange followed global bearish trends and dropped nearly 3% Friday. Weak US economic results announced Thursday and Friday created a sense of panic among investors that inevitably spread to the ATHEX. 

The general index closed at 1,430.90 points, down 2.95%, near intraday lows. Turnover was €124.23 million.

The Eagle against the PICTS

When I travelled to England to watch my beloved Be?ikta? against Liverpool, I drove as far north as Hadrian?s Wall, which was built by the Romans in the second century as a defensive fortification. Another eagle is again on a collision course with Picts nearly two millennia later.

Markets ignore geopolitics, but for how long?

As their name implies, market economists are supposed to follow markets closely. Since I am not one anymore, I am no longer glued to the Reuters terminal. Nor do I feel the urge to check the Bloomberg app on my Blackberry every couple of minutes – even though I have been dumped because I supposedly love my smartphone more than anything or anyone else. Go figure! :)