Wednesday, December 7, 2011

Europe Doesn't Get It

From Peter Tchir of TF Market Advisors
Europe Doesn't Get It
I still think the most likely scenario is that some agreement to agree is made at the summit, which is then followed up by increased printing from the ECB, coupled with new Fed policies and fresh IMF money. Although that still seems the most likely, I am getting concerned that Europe is once again missing the point.
Many EU leaders seem to actually believe that the Treaty changes are important. The reality is the market

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