Posts Tagged ‘U.S. fiscal cliff’

Notes From Underground: FROM MERKOZY to MERDE???? (HAT TIP BC)

July 29, 2012
Friday afternoon the markets received a second dose of “constructive news” as the twitter was filled with noise about a phone conversation between Chancellor Merkel and President Hollande. The German and French leaders confirmed that everything possible would be done to save the EURO. The EURO rallied strongly at first but after further thought retreated to basically unchanged from Thursday.