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melt up

 

 

Lots of green on the screen today, as expectations that the worst of the Emerging Markets might be behind us and that Europe’s economy is improving, and Asia’s markets have been recovering. Microsoft/Nokia deal also adding to upside pressure.

Back shortly . . .

 

Category: Markets

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2 Responses to “Melt Up”

  1. 4whatitsworth says:

    More than likely a melt on Obama (do nothing president) kicking the can on the bombing of Syria over to our do nothing congress. In this case that is a good thing!

    In my view what the emerging markets need now is the same do nothing approach to QE or to determine that QE does not matter to them.

    I am making the same bet on Europe and Emerging Markets coming back that you are. I think that I am mostly just betting the on the bottom for now. This EM currency devaluation caught me by surprise so I am watching that with interest.