Good God, the drawing of Roubini makes him look like he has the plague. And Petraeus looks like he just got back from Disneyland. But both are interesting choices.
While yesterday's US stock market close was poor, Asia and Europe didn't follow today as debt in Greece, Spain, Portugal, etc... rallied, their CDS narrowed and stocks bounced. The Greek finance minister said January tax revenues came in above expectations and that spending was below target for the month and said "that means the deficit reduction for January is well within what we have promised." The euro is rising in turn. Also helping is the story that Trichet is headed to the European Union leaders summit a day early in order to address Greece's problems even as the Greek finance...
December 26th, 2008 at 8:46 pm
Good God, the drawing of Roubini makes him look like he has the plague. And Petraeus looks like he just got back from Disneyland. But both are interesting choices.