Tag Archives: Spanish financial crisis

Economic risk in the Eurozone and elsewhere appears to be escalating, and what is said here describes what may prove to be the 'biggest crack yet in Humpty Dumpty's shell'.

The big news that the markets are attempting to digest this week is the €100 billion Spanish bailout. This action and the upcoming Fed FOMC meeting on June 19-20 will dictate the market's action over the next two weeks and possibly for the remainder of the year. [That being said, given what has transpired in Spain this past month, it is evident that the philosophy is to "lie until you are about to die." Let me explain.] Words: 640