Economic Charts

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Monday, September 6, 2010

Euro Falls Due to Renewed Bank Fears

Seems the European stress tests may not have been all they were cracked up to be.  Alternative media atttacked this issue right after the stress tests resulted in a rally.  Back in July of 2010 Calculated risk reported on the lack of stress in the stress tests.  Wall Street Journal reported today that the stress tests understated some lenders' holdings of potential risky government debt.  [ Read more ... ]

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