i dont disagree with any of that...i am talking about the greek election tomorrow...and fear that the euro will gap 500 points at sunday open.
DislikedEuro is still destined to weaken... A trend is a trend..
From a macro perspective the EZ has no chance with the debt contagion rotting away the periphery... 1/4 of the EZ has needed major help just to barely make it from bond maturity payment to bond maturity payment
Endgame IMHO is still Italy. With their huge debt:GDP ratio the ECB will be very hard pressed to help them avoid a sovereign default. In factthe ECB is already at the limits of what they can even do without a massive restructuring into something more like the US fed reserve. Will...Ignored
" It may mean something. It may mean nothing at all "