At 8:15 a.m. futures are moderately higher, the dollar is mostly down, and oil is down.
Enthusiasm for a Greek bailout plan is literally contagious right now.
Let me add a sobering note here. None of this stuff is anything more than what is being suggested on paper. No bailout has come to pass and no Eurozone debt has been appeased or taken care of. The point is that we are still dealing with a hypothetical situation and if you recall, this is a repeat performance from previous months where a bailout was also pending.
Long story short, do you not put your eggs in the Eurozone is out of trouble basket just yet. Its the long haul that counts not some two day optimism meme.
CNN: Stocks: Europe enthusiasm growing
The Finnish Parliament approved the proposed overhaul of the European Financial Stability Fund...
"...a deal certainly appears to be in the works whether they admit to it or not..."
Oil for November delivery slipped 72 cents to $83.73 a barrel.
3 comments:
Cyclists on the other hand, are weirdly competitive and won't even make eye contact if they judge your equipment isn't up to snuff.
Part of it depends on how serious the athlete is. The real serious ones don't even see you, they just focus on the next 100 yards and on staying true to form..
Nah, these were guys stopped at a light, wouldn't speak to me. Or people who will only race if you are coming even with them, no "hey man."
I cycle commuted for many years, you'd think you would meet some people, no, too competitive, or snobbish.
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