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Yes , Europe will kill the rally . Our Economies are all interconnected . Can't squeeze any more money out of Greece , those poor people are struggling , retired people have had their already low pension cut by 50 % . The rich are tacking their money out of the country . The general public are getting the money out of...more
" Europe doesn't have that much debt ' In the US the yield on 10 Year Treasury is 1.67 in Spain is close to 7 , so I guess they like to give money away . Short the Euro as lots Economists predict the Euro Will be at parity with the US Dollar soon .
With a focus bonds with maturities of three years of less in duration, this program will do little to solve the credit crisis of the banks that are loaded with much longer dated toxic assets (real estate, corporate and government) that will still need to be dealt with.
Between the Fed , Wall Street( Crooks ) , analysts( Crooks ) , money managers AND Bankers ( The worst CROOKS ) . You Guys are all to blame and you have your jobs , while Hardworking Americans are loosing Jobs . So off course HE and the rest of people mentioned above are to blame , who else ?
What a confusing and poor written piece of journalism . You were all over the place . The article did not say anything of substance . IE , Inflation , Deflation , take your pick ......
8/24/2010
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