German General Election: The Social Democratic Party takes the lead by a narrow margin, and it's clear who will get Christmas
$DEUTSCHE BOERSE AG (DBOEY.US)$ $iShares MSCI Germany ETF (EWG.US)$ Preliminary results showed that the German Social Democratic Party (SPD) won the national election on Sunday by a narrow margin and claimed to have obtained the “clear authorization” to lead the government for the first time since 2005, which would end the 16 years of conservative leadership under Merkel. Faction in power. The broadcaster ZDF’s forecast shows that the center-left Social Democrats are expected to get 26.0% of the votes, ahead of Merkel’s Christian Democrats (CDU)/Christian Social Union (CSU) conservative coalitions with 24.5%, but both sides believe they can lead. Next government
Article excerpted from Reuters Financial Morning Post
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Gilley : Americas market is looking more fake then any other markets seem svsmmy as all hell righ t now its something that looks purely set up and controlled
SpyderCall OP Gilley : Yup. it always looks like that it seems. The market is very irrational. That is why I just swing trade trade the trends.
BirzeArt1 :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
SpyderCall OP Gilley : Whoever bought those options contracts made big money this week.
AkLi : Hard to tell right now. Germany in a recession (before most others if they do go into recession), conflict close by both political and environmental, the energy crisis mentioned yesterday per bloomberg. Might need to see how the rest of the world goes Q1 and Q2 next year maybe
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