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Thread: Turmoil returns to stock markets and euro

  1. #1
    Join Date
    Dec 2009
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    Default Turmoil returns to stock markets and euro

    Turmoil returns to stock markets and euro

    Spain's borrowing costs soared back to crisis levels on Friday after infighting among eurozone countries signalled a return to the turmoil that has rocked the global economy in recent months.
    More here:
    http://www.guardian.co.uk/business/2...rkets-eurozone


    Well, they sure didn't kick that can very far.

  2. #2

    Default

    It happens every time. Something that the market perceives as good happens (they love it when Bernanke talks about more "quantitative easing" ), it rallies a few percentage points, and then reality hits and stocks and commodities tank. When will they learn?
    Now faith is the substance of things hoped for, the evidence of things not seen. Hebrews 11:1

    In the event of darkness, depression, sadness, or loneliness, your Bible can be used as a flotation device.

  3. #3
    Join Date
    Jan 2010
    Location
    Canberra, Australia
    Posts
    3,705

    Default

    Yep the impacts of the can kicking exercise is getting shorter and shorter each time.

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