01-31-2012 07:01 AM
Here we go again.
Europe is fixed. Overnight.
Risk is back on. Stocks are higher. Euro is higher. Oil is up $1.50 while corn is up 6, beans up 4 and wheat up 11. Turnaround Tuesday is shaping up perfectly.
The schizophrenia that is ruling the markets is front and center again today. Volumes have been low while moves have been volatile.
With a stronger Euro the dollar is weaker and its predictable consequences are upon us.
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