Tuesday, December 7, 2010

Live coverage of the Ireland budget

From the guardian

http://www.guardian.co.uk/business/blog/2010/dec/07/ireland-budget-eurozone-debt-crisis

Most likely the Ireland budget will pass, however this reminds me of when the first TARP bill was 'sure' to pass on September 29th, 2008.  The S&P dropped 100 points that day as can be seen below.  While I don't expect a move like that, the market seems too complacent about this vote.


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