Markets are calling EU’s bluff

Filed under: General stuff — Keith Fitz-Gerald @ 5:10 pm

Better queue up the Greek music. As I stated on Fox earlier this week, there is no single more important issue on the planet than how the market perceives the Greek situation. Today traders are calling the EU’s bluff and Germany’s less than enthusiastic attitude. This isn’t over by a long shot and the biggest fear is a spread into other PIGS followed by a case of the Greek flu here in the U.S.

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