Stocks plunge on Italian worries – it’s happening

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Stocks plunge on Italian worries – it’s happening

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.

4 responses to “Stocks plunge on Italian worries – it’s happening”

Emilio Levesque says:

November 29, 2011 at 1:57 am

what goes up comes down

Reply
Jim says:

November 22, 2011 at 4:03 pm

Wonderful work! This is the info about options and stock trading that should be shared around the web. Thanks for sharing your trades!

Reply
Betty says:

November 12, 2011 at 4:40 am

Do you follow any energy? I’m always on the lookoutfor new investments. Check out my blog if you want to exchange ideas.

Reply
Jack says:

November 11, 2011 at 10:21 pm

How come that nobody was worried about stocks last Friday?

Reply

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