A diary of the thought process behind my investment decisions
This Is Huge
I believe the appointment of Mario Monti is a watershed event. With Monti's appointment Italy is giving into the demands of the EU. There are no more excuses not to save Italy. I don't know if this is a kick of the can nor do I care for now. The worst case has been taken off the table for a while. This should buy the EU at least enough time for a year end rally.