Hashemian Blog
Web, Finance, Technology

Stock Market Rally, Euro

    📂 Financial,Money     # , , ,     🗨 No Comments

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.

Your Comment

 

* Comments are subject to screening and manual approval.

Read Financial Markets  |   Home  |   Web Tools  |   Blog  |   News  |   Articles  |   FAQ  |   About  |   Privacy  |   Contact
Give a few Sats: 1GfrF49zFWfn7qHtgFxgLMihgdnVzhE361
paypal.me/rhashemian
© 2001-2024 Robert Hashemian   Powered by Hashemian.com