A diary of the thought process behind my investment decisions
Many are nervous about the German court decision regarding the legality of the bailouts, which is set to be released tomorrow. My understanding is that there is a very low probability that the bailouts will be declared illegal. Additionally, the Italian parliament will vote tomorrow night on the new austerity measures, which are widely expected to be passed. I believe if we can get past these events tomorrow than the market can rally. Have a good night.