Day two of the hope rally and U.S. and European stocks have jumped 5% to 7% in spite of the fact that no real and tangible solutions to Europe's sovereign debt crisis have materialized. On Wall Street, they call that "buying the rumor." It's a wonderful concept, except it typically travels with its evil twin, "selling the news." The message from the market this week is worry about that side of the trade when the time comes, but for now, hop on board the hope trade.
发表于 2011-9-27 15:19
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