Thursday, 23 June 2011

Futures Keep Falling Off A Cliff Tonight, And There's A Report Of A Brand New Hole In The Greek Austerity Plan




After today's late-day selling, futures continue to fall off a cliff.


Here's a look at S&P futures, via FinViz:


chart


Meanwhile, there are reports of fresh troubles in Greece.


Journalist Matina Stevis -- who's been very reliable on all matters Greece -- says on Twitter that there's a "hole" of some sort in the Greek medium-term fiscal plan, meaning (presumably) that it doesn't cut as much as originally promised.


The next few days are going to be a bear for Greece watchers, as the austerity vote draws near (it's currently scheduled for next week). It's assumed that it will be tougher than the vote yesterday, and it's also totally crucial.


Please follow Money Game on Twitter and Facebook.

Join the conversation about this story »

See Also:







Generated by BlogIt

BlogIt - Auto Blogging Software for YOU!

BlogIt - autoblogging software for YOU

BlogIt - autoblogging software for YOU