EU’s €100 Billion Bailout Not Enough to Buy a Relief Rally
Monday's are great for gap ups, but once in awhile they don't last. Continued money printing, laundering or out of thin air, does nothing to create jobs.
We are coming down from a sugar high, and it doens't feel that great. NEEDED rebalancing from years and years of credit glut excesses, and FED goosing, and imbalances have been fought tooth and claw....making the inevitable, just delayed and perhaps worse.
D
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