Monday, October 31, 2011


When we woke up crying in the wee hours of Thursday morning, Eurozone nannies told us not to be afraid. Reassured, we sold dollars and bought euros in the light of day. Now the scariest of Halloween's goblins, Vampire Debt, is back. Sovereign yields are screaming higher. As for currencies:

Now back under $1.40:
the euro retraces Thursday's "bazooka rally."

[courtesy ZeroHedge]

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