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!
Do you follow any energy? I’m always on the lookoutfor new investments. Check out my blog if you want to exchange ideas.
How come that nobody was worried about stocks last Friday?