This Is a Non-Realist Rally
Ah hah, it was German business confidence that holds the key. That's how we can rally so convincingly. It only took one good confidence number, as well as a Spanish bond auction that wasn't a disaster, and all is well again with the FXE above 130 and the European stock markets rallying with alacrity.
Oh, if it were only that simple. If it were only like the old days, with a garden-variety recession and a chance that we could come out of it with a couple of good indicators....380 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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