A diary of the thought process behind my investment decisions
Now Is The Time
Now is the time for the EU to announce a bond buying program to support Italy. Euro shorts are on the run from Helicopter Ben's speech and a large bond buying program would absolutely rip their heads off. This would give the EU the best bang for their buck. In the case of Italy I believe this is a liquidity crisis. Their deficit is only 4% of GDP and they are passing additional austerity measures.