May 4, 2010
With investors spooked by suspicions that the Greece bailout will be inadequate and the Euro zone debt crisis may spiral into Spain, Portugal and perhaps further, indices worldwide tumbled substantially for the first time in months, reminiscent of the 2%+ losses we were seeing daily during the financial meltdown of 2008-2009. Seeing as how investors […]
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April 27, 2010
With today’s downgrade of Greece’s credit rating into junk territory by Standard & Poor’s, ripples were felt globally, as equity indices tumbled from the latest multi-day rally. This weakening Euro trend has continued for some time now, but as a Greek debt resolution loses legitimacy and as shorts pounce, it’s unlikely there will be a […]
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