On Redeploying Your Europe Cash
As expected, elections in Europe have dominated the headlines for the last 48 hours, and the impact of votes cast recently in France and Greece figures to be a driver of equity markets for much of this week. A new president in France will, perhaps, bring some initial optimism that a pullback on the austerity reins will ease the burden on the cash-strapped country. Perhaps there is optimism in the streets of Athens, as well, after Greek ballots were cast generally in favor of smaller parties that campaigned against the harsh austerity measures.
But, as I wrote Friday, the results in both countries highlight just how divided the continent is -- and that there is a general lack of any idea of how to fix the current crisis. It's easy to understand the results in both countries, as the France and Greece's current strategies have been producing highly unsatisfying results....538 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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