by ReutersVideo on Oct 27, 2011
Wall Street staged a powerful rally after European leaders reached a deal on Greek debt and news that the U.S. economy grew at its fastest pace in a year.
by ReutersVideo on Oct 27, 2011
Wall Street staged a powerful rally after European leaders reached a deal on Greek debt and news that the U.S. economy grew at its fastest pace in a year.
Exchanges: panic buying |
10/28/2011 |
After the Summit: buying panic on global stock exchanges! Stock market rallied on global stock exchanges. Banks participate with the average debt in Greece. Brilliant autumn rally continues. Panic buying at the Moscow stock exchange. by Andreas Männicke This was a historic night in Brussels: After the EU summit in Brussels 27 October, the world's stock markets reacted with a stock market rallied. Greece gets 50% of their debts if banks participate. It will put together an aid package worth 100 billion €. The banks have to increase its capital ratio to 9% and thus be recapitalized. It is a Europe-wide financial transaction tax to be introduced, remained open only when and in what amount. EFSF help in an emergency levered up to € 1 trillion to needy countries and banks. Hardly a representative of the people understood the - also poorly translated - right lever at the EU summit, to happiness. A partial failure can become a total failure.The bailout might fail. Then only can help the ECB with gold print. So it should come in spite of the de facto bankruptcy of Greece no bank failures, which goes from the moment at least the market. This set of measures was enough to a true course on Thursday to trigger fireworks, especially among European banks.The courses of the German Bank AG and Commerzbank AG were down by as much as 16.7 and 15.8%. This seems the Risikoapettit investors gradually come back. But I also believe Gewinnmintnahmen fast again. My strategy to buy with staggered Abstauberlimits in September, went on with it. I also had time to rally in the fall of brilliant potential EAST STOCK TRENDS (www.eaststock.de ) attention. Sales from panic buying panic was on Thursday......... |