I must have been bored on Wednesday, because I made the mistake of turning the sound on while CNBC was on television. Here's what the consensus said time and time again: "European Central Bank President Mario Draghi will do something in August, so I am bullish."
Sure, I have simplified, but it really felt like the refrain in a song. Why didn't they just say they're bullish because stocks don't want to go down anymore? Because, really, the Europeans still haven't actually done anything. It seems everyone is just front-running....404 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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