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What’s the FED to do?
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What’s the FED to do?

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What’s the FED to do?

It seems that any scrap of market confidence is met with a low blow from the extreme. Papandreou’s Government has blindsided the financial markets by calling a referendum on a supposedly agreed upon financial plan. The risk is that rejection by a referendum would spark a disorderly default and call into doubt Greece’s membership of the Euro. Investors left October where a combination of better-than-expected US and Chinese data, rising hope of easing by several major central banks, and developments [...]

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