By Ilene (Adapted from Stock World Weekly) (Guest Post)
The stock market was driven by three major influences this week: the ongoing European “Black Debt” saga, the Dollar, and rumors galore. The rumor that lifted the markets out of their initial funk on Monday was that China would be buying Italian debt. Discussing the double-edge sword of Chinese investments, Chinese Briefing reported, “As for China, it is reported that the country – whose US$3.2 trillion in foreign exchange reserves still have a heavy reliance on the U.S. dollar – is seeking more diversification and is increasing its…
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