Yes, the crisis is over...
Pizzaflation explains the deterioration of the US Dollar in something we all love; Pizza.
DB’s balance sheet is 50% the size of Germany’s GDP. By way of comparison, imagine if JP Morgan was a $9 TRILLION bank. That’s effectively DB’s status in Germany.
One temporary halt and three delay attempts later, and we get.... this.
Yes, this is the Russian stock market.
Defcon 1? Are the missles airborne?
Just a technical glitch. The well-educated Russian IT engineers will have it fixed in no time.
Meanwhile in the bowels of the Russian stock exchange....
It's only a technical suspension.
Looks like The Russian MICEX Exchange has been hacked by someone.
Let me put you thru to Peggy...
What does this mean? Is this the result of a hack, technical issue or is their market really just having a bad day enough for them to close trading to prevent a collapse? Nothing in the MSM about any of this yet.
MSM not talking about this? Should rule out the technical glitch. How can we rule out the possibility of this being a hack job ?
flexibility wil return after the elections...
... or not. We are flexible about the return to flexibility....
if the Exchange is running on Microshite servers you can't rule out a hack job as the software is insecure ...you can't rule out viruses, bugs and anything with this garbage monopoly software giant
....Boris is downloading some free avg and spybot software on his 14.4 bps modem to clean the exchange servers.
Seriously, the guys at VTB expect more downtime because of integration problems - remember MICEX recently merged with Moscow rival RTS.
This isn't a hack job, and for the MSM (CNBC didn't make any comment about it) not to say anything about it tells me bundles. It says that things are starting to fall apart and it's not happening in a controlled fashion anymore.
We can't speak badly of our Russian friends ... they are just having some "teething problems". It's only been 23 years since the [mock] fall of the Soviet Socialist Central Planning Union and a few "misfits" haven't got with the program yet. Putin will sort them out....
It's been a cold winter. Now that things are warming up...they maybe just taking a Holliday!
Would you like to play a game? _
Would you like to play a game? _
I shall not.
This is opposed to a philosophical suspension (currently being experienced by the American retail customer).
Llllet's get rrrrrrready tooo rrrrrrrroubllllllllllllle!
Emergency, everybody to get from street!
Ah...now we know what the Apple ][ was for in this scene.
Do not panic. The Russians are just trialling low frequency trading.
Good thing trading in RSX etf hasn't been interrupted. Business as usual.
The Impaler is frantically trying to find a way to blame this on the Chechens.
Heads will roll (very briefly, prior to being impaled on pikes)!
Art Ridzik: Captain Danko, congratulations. You are now the proud owner of the most powerful handgun in the world. Ivan Danko: Soviet Patparine, nine-point-two milimeter, is world's most powerful handgun. Art Ridzik: Oh, come on, everybody knows the .44 Magnum is the big boy on the block. Why do you think Dirty Harry uses it? Ivan Danko: Who is Dirty Harry?
Gun show loophole?
hell ya, props for the red heat reference....how often does that come up?
No worries, missles are secure.
Putin was about to lose money on a trade and shut em down
US Beta testing...
Russia television is also off air
Dont worry Obama is monitoring the situation
All this and Wallski St. is still more transparent than Wall St.
Is this because the matter is quite "syrias"?
sooo stuxnet killed their stock market?...careful with that talk.
That's a shame.
Sum body ran outta vod-ka...
Keep a lid on that gold and pretend all is normal.
In Soviet Russia, stock market suspends you....
From Russia With Shove.
ran out of vodka?
I think a country full of sober Russians would bear far more drastic action than a trading halt - The invasion of Ireland would have already begun.
Have you seen the well-to-do, up and down Park Avenue
On that famous thoroughfare, with their noses in the air
High hats and Arrowed collars, white spats and lots of dollars
Spending every dime, for a wonderful time
If you're blue and you don't know where to go to
Why don't you go where fashion sits,
Putin on the ritz.
Tips: tips [ at ] zerohedge.com
General: info [ at ] zerohedge.com
Legal: legal [ at ] zerohedge.com
Advertising: ads [ at ] zerohedge.com
Abuse/Complaints: abuse [ at ] zerohedge.com
Advertise With Us
Make sure to read our "How To [Read/Tip Off] Zero Hedge Without Attracting The Interest Of [Human Resources/The Treasury/Black Helicopters]" Guide
How to report offensive comments
Notice on Racial Discrimination.