The markets are a tad less optimistic as Europe... in particular Greece move back into the foreground. Greece is seeking more time to meet targets under its bailout program in meetings today in Europe. Greece's Samaras is meeting with Germany's Merkel today to discuss the bailout program. As attention has turned to Europe once again the markets have put aside (for the moment) the possibility of a new round of quantitative easing in the US as well as the potential for a broader European solution. Next week at the Jackson Hole Symposium both Mr. Bernanke and Mr. Draghi will be speaking with the possibility that either or both of them might lay out their intentions insofar as QE3 for the US and a new bond buying program for Europe.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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