European Bailout Fatigue Spells Big Trouble for Stocks!
September 02, 2011 at 14:01 PM EDT
There comes a time when you just can’t go back to the well. When your citizens — in the words of Howard Beale from the movie Network — stand up and say “I’m mad as hell, and I’m not going to take this anymore!” Has Europe reached that point? It sure looks like it to me … and that has serious implications for our markets. Here’s why … German, Finnish Opposition Putting Bailout Backers Up Against a Wall! Greece managed to wrangle a second, 109 billion-euro bailout program out of its European neighbors in July. But now, that plan is in serious jeopardy. The reason? Opposition from Finland. The country is slated to put up less than 2 . . . → Read More: European Bailout Fatigue Spells Big Trouble for Stocks!