Perhaps a bit off topic but what do you guys think of the merger thats screaming across all financial headlines (NYSE EURONEXT + DB) ...
Interesting times
- I don't see this as being a plus for anything to be honest with you, esp. equities. It denotes a sign that something's wrong, it shows a sign of weakness on someone's behalf (prob. NYSE) ... I expect market participants to enter a stage of confusion and hence pair back bets on risky endeavors.
Expect capital outflows throughout the remainder of the week from "risky countries."
Interesting times
Expect capital outflows throughout the remainder of the week from "risky countries."