Hello all. A lot of news happening over the weekend and over the night trading session. Make sure to take a look at the nightly webcast below and catch up on what happened. Also posted underneath this blog is both the irishtimes.com article and Ben Bernanke’s actual interview on 60 Minutes. Take a look and get caught up for the morning session. Here’s to good trading.
Below is a small article out of irishtimes.com where Mohamed A El_Erian of PIMCO briefly mentions Ireland possibly leaving the Euro including the possibilty of others as well. The Euro spiked 60 ticks when the article came out and from 1:00 a.m. to now, 3:45 a.m., the euro has been consistently making new lows for the night.
Also, Mohamed A El-Erian’s overall view on Europe and his belief that other European countries will soon follow to take money out of the bailout fund.
http://www.irishtimes.com/newspaper/breaking/2010/1205/breaking6.html
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