May 18, 2010

European Union, not Euro, at Risk

The Euro continued its slide on Tuesday and signs are developing which indicate that the problem is with the European Union and not the Euro. The market seems to be
content with the weakness in the Euro. It’s the inability of the European Union to act as a cohesive unit that makes traders feel that a breakup may be coming. France and Germany are obviously upset
at the turn of events and both feel, in my …