"German, Greek Talks
German Chancellor Angela Merkel hosts Greek Prime Minister George Papandreou for talks in Berlin today as credit-default swaps show a more than 90 percent chance that Greece won’t meet its debt commitments. By contrast, German swaps signal a less than 10 percent chance that Europe’s biggest economy will fail to adhere to its obligations. Papandreou tests the strength of his parliamentary majority today as lawmakers vote on a property tax that is key to persuading the EU and International Monetary Fund to release an aid installment and avert default"
expect red tomorrow IF
Home prices decline more than expect
Consumer confidence declines
- Any of the above RE: Greece goes to awry. Dont forget were sitting on a potential 90% chance of a likely default here!!
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- reds - i second that emotion - tuesday
reds - i second that emotion - tuesday, page-194
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