Sunday Afternoon Sept 25, 2011
Reuters reports more pressure on European Central Bankers to respond and head off a potential crisis.
This would seem to be baked into the cake so to speak, the Greek crisis is nothing new. Have the markets discounted the Greek default? One year debt was trading to yield 70%; one would think so. But as we mentioned, this could conceivably spill into trading Monday. We should know tonight as European markets open after Asia.
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