Undercapitalization of the European banking system has been a lingering concern for the European economy for several years now. While the U.S. banks undertook a major capital raising program in 2008 and 2009 to replenish …
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MorningWord 7/3/13: I’ll keep this short and sweet for our Holiday shortened trading day. We have been of the belief that the May 22nd high, was the high. We also believe that the SPX’s inability to get through important …
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