Markets have already been fearing the worse for Euro and it is believed that Euro’s woes are nothing more than a hollow seashell.

Kim Caughey – Senior Equity Research Analyst said that it is now becoming clear that at its core, we have these countries that are not identical and each country has its own political agenda to follow. This factor has caused more nervousness and it has given investors tons of reasons to panic.

Germany also banned those investors who don’t have a certain required number of stocks and same goes for those investors who haven’t borrowed some stocks, bonds and derivatives. This whole plan was laid out to catch Germany’s partners in the EU, off guard.

As per the Domino effect, we can see a significant declination in the share rate of different entities. For instance;

- Caterpillar – Heavy machinery Maker; Slid down to 2.8% ($61.44)
- Boeing Co – Fell 2.2% at a meager $66.21

An option market (Elliot Spar) strategist at the NYSE (New York Stock Exchange) said that the declining stocks have now outnumbered the advancing stocks at a speedy pace, by a ratio of 4:1. Presently, as of today, it is the 5th day of poor NYSE performance, which is an extreme and rare case.

But for some companies, things weren’t as bad as they seemed because we can see a 3% increase in the shares of Deere & Co. Even this small increase was much more than what was being expected from Deere & Co in times like these.

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