Hashemian Blog
Web, Finance, Technology, Running

Stock Market Rally, Euro

by @ 10:25 pm
Filed under: financial,money — Tags: , , ,

euroWe knew it was coming, but I didn't expect the Europeans to pull off a rescue plan as early and as boldly as they did. Good for them and good for the markets which responded in kind by rocketing up today around the globe. Banking shares, specially the battered European ones, like ING, were on fire today.

Now we know that Europe means business defending its currency, the euro. The real test however will be in the coming days and weeks as the euphoria and wishful thinking subsides and reality is back to being front and center. Will the storm become a faint memory, or will this so called contagion return with a vengeance. We will see what we will see.

No Comments »

 

* Comments are subject to Akismet and manual approval.

Powered by


Read Financial Markets  |   Home  |   Blog  |   Web Tools  |   News  |   Articles  |   FAQ  |   About  |   Privacy  |   Contact
Donate Bitcoin: 1K9TzBvQ2oaEb4tX9t2vKDtZouMcpfV6QF
paypal.me/rhashemian
© 2001-2019 Robert Hashemian   Powered by Hashemian.com