Quick Note
Out all day today doing "stuff" back tomorrow (Fri), any incoming emails etc will be answered then. What will the markets have done by then? Especially the European ones with another live TV debate tonight between the three main protagonists at next week's UK election, and EU country's credit ratings dropping like flies.
I'd have to be bearish on both the euro and sterling. Greece is starting to look like just the tip of a very large and expensive iceberg that could sink the entire eurozone. And when the ship starts to go down it's every man for himself. The pressure must be on France and Germany to protect what they've got and desert to paddle their own canoes. And the IMF haven't got a big enough lifeboat to rescue the rest of the passengers.
I'd have to be bearish on both the euro and sterling. Greece is starting to look like just the tip of a very large and expensive iceberg that could sink the entire eurozone. And when the ship starts to go down it's every man for himself. The pressure must be on France and Germany to protect what they've got and desert to paddle their own canoes. And the IMF haven't got a big enough lifeboat to rescue the rest of the passengers.