Bailout Talk Sparks Rally Off Lows

Markets love bailouts, but the story behind today’s story paints a concerning picture. From the Wall Street Journal:
The European department of the International Monetary Fund has started discussing contingency plans for a rescue loan to Spain in the event that the country fails to find the funds needed to bail out its third-largest bank [...]

Source: http://ciovaccocapital.com/wordpress/index.php/currencies/bailout-talk-sparks-rally-off-lows/

for more info click here ipod ipad