July 8 was a scary day for the Twitterverse in the midst of an even scarier month.
It started when United Airlines grounded flights nationwide for nearly two hours, citing "network connectivity" issues. Hours later, the New York Stock Exchange halted trading, blaming technical problems. (It reopened before the market close.)
Where did the freaked-out public turn to make sense of it all? The Wall Street Journal, naturally — which subsequently went down, likely due to heavy traffic. The pseudonymous, Fight Club-channeling finance blog Zero Hedge suffered an outage of its own.
Elsewhere in July, uncertainty and long ATM lines reigned in Greece as the country fell behind on a payment to the International Monetary Fund and banks closed for much of the month, putting daily limits on cash withdrawals. The Shanghai composite index posted both huge drops and the biggest gain in years as the government intervened in an attempt to limit losses.
Meanwhile in Washington, Federal Reserve Board Chair Janet Yellen testified in Congress, and volumes of comment letters on the Department of Labor's fiduciary rule proposal rolled in.
On General Economic Topics
This is how my desk looks after reading all those DOL #fiduciary comment letters this week… pic.twitter.com/fqMGlrG8Pf
— Megan Leonhardt (@Megan_Leonhardt) July 24, 2015
Advice to women? "Learn how to deal with Congressmen mansplain to you about the thing you have a degree in," she did not say. #yellen
— David Gaffen (@davidgaffen) July 10, 2015
On Millennials
Finally. We need a bold plan on how to get rid of them. https://t.co/mDQt5qqqRm
— Comfortably Smug (@ComfortablySmug) July 8, 2015
Actually, every generation is excellent. Small differences in excellence are probably swamped by measurement error.
— Noah Smith (@Noahpinion) July 10, 2015
On China and Greece
China has lost 15 Greeces in market cap in three weeks
— zerohedge (@zerohedge) July 8, 2015
If at first you don't succeed, ban people from selling shares. http://t.co/08k5aiiTnB #China
— Katie Martin (@katie_martin_fx) July 8, 2015
With respect to the Greece economy, the EU does seem to embrace the mantra of "The beatings will continue until morale improves."
— Ivan the K ™ (@IvanTheK) July 8, 2015
On The NYSE Outage
As if NYSE outage wasn't enough to stoke my paranoidal tendencies, I just passed a guy in a gas mask on the subway platform. #NYSEdown
— Jennifer Barrett (@JBarrettNYC) July 8, 2015
"Just say it was the router, everyone hates routers."
— Josh Barro (@jbarro) July 8, 2015
Cybersecurity stocks surged after the NYSE trading halt http://t.co/1IiisMHJXc pic.twitter.com/0JFHXnylIu
— Bloomberg Markets (@markets) July 8, 2015
In Zuccotti Park, Goldman Sachs boys build a squatters city out of Hermes gift boxes, communicate in wiggling fingers #NYSE
— Molly Crabapple (@mollycrabapple) July 8, 2015
NYSE has halted trading. Remember Buffett: "Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years."
— The Motley Fool (@themotleyfool) July 8, 2015
I blame #Bane for the #NYSE problems. pic.twitter.com/SwLV0jJ8X8
— Brian Foster (@FosterDigital) July 8, 2015
When Civilization Burns, Ivan The K Will Be Tweeting From the Ashes
OH: "They're trying to get it up." #NYSE
— Ivan the K ™ (@IvanTheK) July 8, 2015
United Airlines reports mysterious stock trading activity in its cockpits.
— Ivan the K ™ (@IvanTheK) July 8, 2015
Now http://t.co/CmfgosesC9 is down?! Out of an abundance of caution…. pic.twitter.com/dHLHlsevIv
— Ivan the K ™ (@IvanTheK) July 8, 2015
ZH, a subsidiary of United Airlines. https://t.co/GLtVhngp0D
— Ivan the K ™ (@IvanTheK) July 8, 2015
If Twitter goes down, I'm just gonna yell tweets out my window.
— Ivan the K ™ (@IvanTheK) July 8, 2015
— Check out Best Finance Tweets of the Month: June 2015 on ThinkAdvisor.
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