Dow dropped 3.2%, 389 points to 11,780 at the close of Wednesday trading after the Italian bond yield surged pass the critical 7% level. With 10 year bond yield at 7.45% and 2-year at 7.29%, many economists perceive this to be economically unsustainable. With a total public debts at 2.6 trillion euros that need to roll over sometimes in the future, is there a way for the Italian to get out from this mess?
As for Dow, is this the starting of mini wave 3 of sub-wave i of wave 3 of its major wave C ?
.
As for Dow, is this the starting of mini wave 3 of sub-wave i of wave 3 of its major wave C ?
.
No comments:
Post a Comment