European Stocks and US futures fell overnight amide fears of an escalating sovereign-debt crisis. French banks led the way to a declining market. Globex futures is stabilizing near its 179 period average.
China has an interesting decision. It wants to help stabilize Europe to help consumer demand for its products. However, some of its recent investment decisions have been losers. What is more important for China? Try to help stabilize sick economies in Europe and the US, or look for better investments? Is Italy a good investment or another investment loser?
Charles
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