Clearly the big news to start the week: The ECB pledged 100 billion euros to help shore up Spain’s banking sector. So now Spain has joined Greece, Portugal, and Ireland in receiving a bailout from the European community. The market took the bailout news well; the euro rose sharply, gold fell, and stock futures across the world rallied. … [visit site to read . . . → Read More: How to Play the Contrarian View of Spain’s Bailout
Clearly the big news to start the week: The ECB pledged 100 billion euros to help shore up Spain’s banking sector. So now Spain has joined Greece, Portugal, and Ireland in receiving a bailout from the European community.
The market took the bailout news well; the euro rose sharply, gold fell, and stock futures across the world rallied. … [visit site to read more]
