The ECB will not be going on a bond buying spree at this stage. And they will not be issuing newly minted Eurobonds.
Government austerity is the most exciting thing on the docket. And that ain’t that exciting.
At this moment stocks are within 1% of the 200 day moving average. We have been there several times before.
Can we get above? And what would cause that to happen? Or do we push back down lower in the range as has been the case many times since August?
Let’s all have a lively conversation on what happens next.
