This blog attempts to educate people about how our economy works and to provide updates on what is going on in the economy that may affect them (See personal story at the bottom of the page). Neither this blog nor I are investment advisors, any opinions posted on this site are my own. Please seek a professional investment advisor to fit your personal investment goals.
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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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