Close Close
ThinkAdvisor

Life Health > Life Insurance

A crumbling Europe tests America's foundation

X
Your article was successfully shared with the contacts you provided.

The market has seen a recent upswing thanks to a recently announced round of bond-buying by the Fed and the European Central Bank. Strategist based their forecasts on such an action by the banks, not on an organic turnaround. This puts the run-up on a foundation built from sentiment rather than fundamentals. The trouble with sentiment is that it can quickly change—even turn violent—as have the protesters in Spain and Greece.

More on this topic

Read the story.