Freefalling

Our futures were up double digits earlier this morning until Europe went into freefall. EU officials continue to wait for the problems to fix themselves. It seems the only way the EU will act is if their feet are put to the fire and that seems to be the case right now.

 

1 comment:

jmperry said...

When the DAX was down ~3% this morning, Euro bank stocks were all flat to slightly down. Now that the market has stabilized, the bank stocks are surging. I take that as a hopeful sign we've reached the bottom, for the next few days at least.