Detailed market commentary at The Market Ticker and Ticker Classics
(The Year 2012 In Review)
Donations accepted; we offer GOLD ACCESS for enhanced privileges. T-Shirts, caps, coffee mugs? Click here.
BlogTalkRadio - Mondays at 3:30 Central - Yes, TickerGuy has a radio show (kinda)
RSS available You are not signed on; if you are a visitor please register for a free account!
|MarketTicker Forums Single Post Display (Show in context)||
User: Not logged on
|User Info||European Dislocation On Deck; entered at 2012-05-06 22:01:37|
Registered: 2010-05-06 Houston
I have no idea what it will take to finally finish off the sick man that is Europe, but I doubt we'll see that happen anytime soon. The powers that be will just announce another LTRO or some other cockamamie, totally unsustainable scheme and European politicians will be pacified, bond yields will fall, European stock markets will recover and things will stabilize at their current horrific levels.
As far as the broader economic impact of uncertainty in Europe, let's just say I'm skeptical there will be any in 2012. U.S. equity markets have long since decoupled from unpleasant realities. Triple digit rallies predicated upon nothing are the norm rather than the exception, so just wait until collapsing fuel prices start having a positive impact on employment numbers, consumer confidence, and profit margins.