Click Here to Subscribe Now! Try a 3-month trial for only $68

Matt's Market Insights

These are very interesting market dynamics at play. I want to believe that what we're seeing in the markets is an overreaction, but there is an immense amount of fear out there, coupled with what seems like an endless stream of bad economic data. Europe closed in the red across the board and the selling has only accelerated into the US trading session. Where to even begin ...

 

Europe is slowing, we know that. Price levels continue to fall and the historically stronger countries in the eurozone are showing the same weakness that is entrapping the entire continent. Today Greek sovereign debt plummeted while yields spiked to well above 7 percent, and their equity markets fell by over 6%. This is bringing back memories of three years ago, when peripheral Europe saw bond yields rise above what many thought was the point of no return ... 7%. The international community is worried ... Log in or subscribe to continue reading.


Premium Content Notification

A subscription is necessary to access premium content.

Please use the button below to subscribe in order to access all premium articles