Grand Plan 2 or Grasping at Straws?

Posted by on Nov 28, 2011 in Uncategorized | No Comments

Is break-up and default the equivalent of Armageddon?

A big reason the market wants to rally on any positive noise is the firm conviction that default or break-up is the equivalent of Armageddon. The belief is that without a bazooka or magic bullet, the markets