3/2/10

Up, up, and away

News. March 2 (Bloomberg) -- European stocks rose for a third day, led by automakers and airlines, after the European Union said it expects Greece to announce new deficit-cutting measures in coming days. Asian stocks and U.S. index futures gained.

My point. The stock market loves crises because the politicians are forced to add liquidity to the system to solve the problems they engineered. And equities strive on liquidity.

George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
Ranked Top Market Timer in 2009 and 2010 by Timer Digest

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