6/20/12

Latest from Europe

The Telegraph - Debt crisis: Spain and Italy to be bailed out in £600 billion deal. Two rescue funds are to be used to buy the debts of Spain and Italy's troubled economies, in a move that will send a strong signal to markets that Germany is finally prepared to back its weaker neighbours.

The domino effect. Slowly and steadily all Europe is being bailed out. And then there is Germany.

The good news is that the markets like all this money. For how long?

George Dagnino, PhD, Editor
The Peter Dag Portfolio.
Since 1977
2009 Market Timer of the Year by Timer Digest
Portfolio manager

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