Europe’s Crisis May End in a ‘Violent Blow-Up’: Galbraith

[hayman]

http://finance.yahoo.com/blogs/dail...92.html?sec=topStories&pos=main&asset=&ccode=

Yet, the markets keep ascending, as if it has blinders on. Again, total disconnect between our markets, and the inevitable. It really boggles the mind..............

 

[denner]

Quote from hayman:

http://finance.yahoo.com/blogs/dail...92.html?sec=topStories&pos=main&asset=&ccode=

Yet, the markets keep ascending, as if it has blinders on. Again, total disconnect between our markets, and the inevitable. It really boggles the mind..............

You always have to consider that the market melt up is just another form of dislocation. The velocity of the move coupled with the sharp squeezes in all the currency markets speaks volumes.