Here we go. What economists were saying all the time and the markets were successfully ignoring has happened this morning. As I wrote in my previous posts, the Italian bonds raised at 7.4% rate which is not sustainable for Italian economy to pay (Italy’s budget can afford paying a rate around 4.6% only). Italy at this point is a hot candidate for a bailout from EU. That will sink stocks even deeper.
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Wonderful work! This is the info about options and stock trading that should be shared around the web. Thanks for sharing your trades!
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How come that nobody was worried about stocks last Friday?