Tuesday, July 17, 2012

Bailouts, QE3 Talk Trying To Stabilize Markets

Europe continues to try to patch up the mess known as their banking system. From Bloomberg:
European governments will jump-start as much as 100 billion euros ($123 billion) in emergency loans to shore up Spain’s banks and may move the costs off the Spanish government’s balance sheet to shield the euro region’s fourth- largest economy [...]

Source: http://ciovaccocapital.com/wordpress/index.php/stock-market-us/bailouts-qe3-talk-trying-to-stabilize-markets/

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