At 8 AM today, central banks from developed nations took coordinated action to shore up the global financial system as Europe’s rolling debt crisis continues to create market turmoil.
The bailing out of ‘Too Big To Fail’ banks continued and no one knew!
I hope everyone had an enjoyable Thanksgiving holiday.
I had a reader inquire about the ramifications of a recession emanating from Europe.
I wanted to briefly circle back with my thoughts on the sell-off last week.