A Contrarian View of the Euro, Part II
"A great truth is a truth whose opposite is also a truth." --Thomas Mann
Last week resulted in some stunning intermarket moves as markets tumbled worldwide with few positive signs to point to for investors. U.S. jobs growth came in much weaker than expected, Europe looks to be on the brink (more on this in a minute), China is slowing down and the bond market in the U.S. is acting as though an apocalypse is upon us. The 30-year U.S. Treasury bond is at levels not seen since just after Lehman Brothers collapsed. Yet there has been no event. The market has behaved as if a crash-and-credit seize-up has already occurred....275 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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