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How to Trade the Sarkozy-Merkel Plan
Investors were hoping for more than they got from the meeting between Frances's Nicolas Sarkozy and Germany's Angela Merkel. Here's what to do now. Angela Merkel and Nicolas Sarkozy have a history of finding solutions to euro zone problems - but there were no big breakthroughs in their post-meeting announcement Tuesday. Even as peripheral countries grapple with sharply higher interest rates and enormous investor skepticism, Merkel and Sarkozy proposed more frequent meetings of euro leaders, a new head of the euro zone, and a financial transaction tax. "I was really hopeful at the beginning of the press ... (full story)