Fundamental pressure on equities possible
Seems that the ECB is getting impatient with their banks. Lending is very limited and, obviously, this is not good for getting out of a recession. It makes you wonder how aggressive they will be. Will they start a stronger program of quantitative easing? What will that consist of? Will shorting the Euro be part of it? If it is, I think equities will suffer, unless they decouple.Click on the blue box to hear what Bob Iaccino (one of my trading indicators) says about how he trades.
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