A diary of the thought process behind my investment decisions
Thinking About Italy
The EU bailed out Greece, which is the equivalent of throwing money down a sinkhole. What are the chances that they let Italy go? Italy is not a lost cause and they are working on getting their house in order. The market is not yet at an extreme but if we get there and we are looking into the abyss, I don't believe they will let Italy go. Have a good night.