The Market Ticker
Commentary on The Capital Markets- Category [Flash]
2015-08-24 07:13 by Karl Denninger
in Flash , 1318 references
 

smiley

This is not being reported -- the Naz futures are lock-limit down.

This has not happened since the 2008 crash.

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2015-08-23 21:35 by Karl Denninger
in Flash , 300 references
 

.... is accelerating

smiley

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Aha....

Investigators are studying an airplane fragment discovered Wednesday on an island in the Indian Ocean, but they say it is too early to tell whether it might hold a clue to the disappearance of Malaysia Airlines Flight 370 last year.

This is now being reported by the AP as confirmed to be from the same type of aircraft as MH370.  Further, it appears that the piece has been in the water for a long time -- that is, that it washed up here in some fashion rather than crashing down onto land.

This does not mean that it is definitely from the plane, but as far I as know there are no other aircraft of that specific type that are missing without a trace, and from which it reasonably could have come.

This is consistent with the aircraft running out of fuel over the Indian Ocean.

More as is learned...

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