One objective of this blog is to encourage productive discussion and debate within the "comments" forum. Leaving comments has been made easier. No registration is required. Comments can be left anonymously. A Hassle free and easy forum to leave a comment. However, any inappropriate comments will be deleted by blog administrators. Thank you for commenting so your voice can be heard.


Monday, May 10, 2010

We Are All Saved - or - Not Over Until The Fat Lady Sings.

The headlines from Bloomberg tell you all you need to know today (actually not all you need to know, just what you need to know as far as the market cares about this minute).  Bloomberg headlines:

•Euro, Global Stocks, Oil Rally on European Loan Plan; Treasuries Retreat


•U.S. Stocks Advance, S&P 500 Jumps the Most in a Year on EU Rescue Package

•VIX, Vstoxx Drop by Records as Stocks Soar on Europe's Emergency Loan Plan

•EU Crafts a $962 Billion Show of Force to Bolster Euro, Halt Global Crisis

So we have all been saved and the market is going up - up - up.

More later today on why all is not rosy.

No comments:

Post a Comment