Mosler European Market Alert Trading Call.

[ 0 ] July 7, 2010 |

From: Warren Mosler
Date: Fri, 25 Jun 2010 10:35:10 -0400
Subject: *Warning- massive euro zone equity rally alert

If I’m right about the ECB having moved to support the debt of the national govs as well as the banking system, look for a blow out equity rally as markets come to understand this new policy means the national govt. solvency issues are over.

A muddle through economy is sufficient to drive an equity rally for a market that’s pricing in a relatively high probability of default risk.

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Category: Economics, Markets and Trading