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BETAPRO SP500 VIX ST FTRS 2X DLY BULL T.HVU



TSX:HVU - Post by User

Comment by paperbullon Feb 21, 2012 3:50am
232 Views
Post# 19559733

RE: I guess it's a deal?

RE: I guess it's a deal?

There'll be lots of news commentary today along these lines:

https://www.telegraph.co.uk/finance/financialcrisis/9094994/Eurozone-agrees-130bn-bail-out-for-Greece.html

Here's the main part. I doubt the markets will overly rejoice this week.

"However the agreement was overshadowed by the pessimistic debt sustainability report compiled by the IMF, ECB and Commission, that warned of a “downside scenario” of Greek debt hitting 160 per cent of GDP in 2020 - far higher that the agreed 120.5 per cent target.

Under the troika's downside modelling, Greece would need an extra €245bn in bail-out aid, almost twice the aid package under discussion last night"

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