Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Wednesday, the 16th of November.
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Tonight at 5 PM EST we broadcast our one hour show on the markets. We will be taking your questions and calls so be sure to watch MarketClub TV!
Call us at 410-867-2100 extension 129 or email us at
ma**********@in*.com
and leave a question for the show!
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A bigger problem than contagion: The human problem.
I was thinking about this last night... There isn't anyone I know that has the slightest clue what's going on! With all due respect to some very smart people, no one who is living today has lived through the type of problems we have right now in Europe.
So far, it has been all about changing the governments in Italy and in Greece, but the performance benchmarks and the austerity measures that need to be put in place present a huge challenge for the populations of those countries.
I want you to give up 20% of everything you have, right now. Would you be happy with that? Of course not, nobody would, but that is exactly what is going to be the BIG PROBLEM. I call it the human equation. Continue reading "A Bigger Problem Than Contagion, Is the Human Problem" →