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Friday, 01/13/2012 11:16:10 AM

Friday, January 13, 2012 11:16:10 AM

Post# of 784
European Debt Crisis Starts To Erupt Again


This morning, the problems in the European Union are starting to surface once again. Recently, all of the major stock indexes have been floating higher steadily each and every day on extremely light volume. Often, stock rallies that lack volume and conviction can lead to sharp sell off days. At this time, there are reports that Greece may have to default and this could trigger a domino effect in many European credit default swaps (CDS). A credit default swap is basically an insurance policy on the debt. Should this occur it will be problematic for the entire Euro-zone. ...Continue reading here: http://bit.ly/zdmK8x
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