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A European Christmas Carol - Weekly Market Commentary

  
  
  

Highlights: Europe’s leaders have seen the ghost of Christmas Past (2008), Present (Greece, etc.) and Yet to Come (break up).

Their pursuit of Scrooge-like austerity measures may allow the leaders of Germany and France to see the light and let the ECB buy the turkey (troubled debt) in the window for the troubled countries (Spain, Italy, etc.).

If not, it will scare the Dickens out of the market.


Download the full Weekly Market Commentary article A European Christmas Carol

Jeffrey Kleintop, CFA
Chief Market Strategist LPL Financial
December 5, 2011

LPL FINANCIAL RESEARCH
Tracking #1-027730 (Exp. 12/12)

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