are the markets too happy

  1. 26,696 Posts.
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    Hmmmm...eerie feeling...is it a false sense of security...

    remember greece may have halved the bond debt by having compulsory voluntary (oxymoron) haircut...but the losses just get transferred to the bond holders...be them banks, private companies/individuals...so that will have to filter thru in reports yet to be released...
    yet cas /dax up 4%...i just dont see it...but then who does...

    a trap would not surprise me ....nothing surprises me...

 
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