You’ve heard about the pending European bailout of Ireland – but why is happening now? CNBC’s John Carney asks “why would the Eurocrats demand a bailout of Ireland when Ireland insisted it didn’t need one?” It has more to do with their immediate needs than Ireland’s:
AUTHOR
Interactive Advisors
483 postsYou may also like
The focus on a potential recession is taking a toll on CEO confidence
Technology is overturning the business pecking order
The cyclical bull market is approaching “old man age”. That’s potentially bad news given that the market has grown complacent again.
If speculators are disappointed with the performance of the Facebook IPO it is because they had ridiculous expectations of what rational investors would pay.