stocks pop even though europe still rotslots of news out of europe all weekend, as they sort through the mess that's been exacerbated ever since hollande got voted in. the combined austerity approach of germany and france changed, and so did greece's stance on the rules implemented for them to keep getting perched up.europe's silly solution and failures of state and local governmentseurope may be headed for a breakup of the euro and government-style bankruptcy filings. the u.s. isn't faring much better.economic outlook: a fix for europeby anthony hall united press international behind the impulse in europe to form eurobonds or collectively insure bank deposits is the fear that spain will require a very expensive fix.gross says avoid europe until private solution: tom keenepacific investment management co.’s bill gross said investors should avoid europe until credit begins flowing again from the private sector as government solutions aren’t enough to stem the region’s debt crisis. |
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