Avigdor on BNN A lot of cash on balance sheets essentially waiting for a reason to invest. Too much uncertainty until Greece & Spain votes, Spanish & Italian bond auctions get done etc..
very volatile mkt with re-balancing, short selling type of trading going on. IMO....Just marking time until something happens & then there will a rush to get in & maybe all at once because the 'risk on trade' will be in vogue.
June 30 can't come soon enough.
carlos