Wall Street Greek

The Wall Street Greek blog is the sexy & syndicated financial securities markets publication of former Senior Equity Analyst Markos N. Kaminis. Our stock market blog reaches reputable publishers & private networks and is an unbiased, independent Wall Street research resource on the economy, stocks, gold & currency, energy & oil, real estate and more. Wall Street & Greece should be as honest, dependable and passionate as The Greek.

Tuesday, October 14, 2014

Ebola Threatens Global Stocks

Ebola is worthy of Wall Street worry, because if the situation worsens and the disease spreads to Europe and/or the United States it poses a serious threat to the global economy. The disease is so lethal and terrifying that it could seriously impair commerce. Should it do so, it would force layoffs and drive global recession. As a result, and even preceding such a dire scenario, stocks would collapse globally. Is the CDC correct in its reassurance that Ebola is not of concern to us then? Find the full report on the Ebola threat to stocks here. Article concerns SPDR S&P 500 (NYSE: SPY), SPDR Dow (NYSE: DIA), PowerShares QQQ (Nasdaq: QQQ), iShares Russell 2000 (NYSE: IWM), PowerShares DB US$ Bullish (NYSE: UUP), SPDR Barclays High Yield Bond (NYSE: JNK), iPath S&P VIX (NYSE: VXX), iPath S&P GSCI Crude (NYSE: OIL) and SPDR Gold Trust (NYSE: GLD).