*** De Europese geldmarkt valt stil, de Europese markt bevindt zich NU op onbekend terrein ! ***
Zero Hedge - European Money Market Industry Shutting Down As Goldman Closes MM Fund, Says In "Unchartered Territory"
Update:
BlackRock to restrict subscriptions into 2 Euro money funds
We were the first to bring news that overnight
JPMorgan has halted investment in its European money market funds following the ECB's decision to cut the deposit rate to 0%. Now, it is Goldman's turn:
GOLDMAN HALTS INVESTMENTS IN EURO GOV MONEY FUND AFTER ECB CUT
GOLDMAN SAYS MARKET CONDITIONS WILL DETERMINE WHEN FUND REOPENS
GOLDMAN DECISION AFFECTS EURO GOVERNMENT LIQUID RESERVES FUND
And finally the conclusion, which is rather obvious:
GOLDMAN FUND MEMO: EUROPEAN MARKET IN `UNCHARTERED TERRITORY'
Crash baby, CRASH !
Met dank aan de ECB en Mr. Draghi !
