Posts Tagged ‘European debt resolve’

Notes From Underground: A HOUSE DIVIDED AGAINST ITSELF CANNOT STAND

July 27, 2011

A house divided is of course one of Lincoln’s most famous speeches. Unfortunately, the speech can be directed against EUROPE or the U.S. Yes, the S&Ps and other equity indexes suffered a large selloff as investors are growing disillusioned with the divisiveness that is persisting from the halls of Washington. The ramping up of incendiary rhetoric from both sides of the aisle is finally irritating some investors to raise cash as fears increase that nobody is going to be able to “stop the trains.”

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