Part 2: Coming Week Market Movers & How To Profit
The following is a weekly strategy guide for traders and investors, covering the coming week’s likely market movers of all major asset classes via both traditional instruments and binary options.
Here’s a brief list of the likely market movers for this week.
1. Reaction To Fitch Announcement
Just as we noted in last week’s market review that delayed reaction the EU Summit’s failure could be the big driver in the coming week, we suspect the Fitch’s bombshell announcement Friday that the EU crisis is beyond solution, discussed in Part 1, could well be the big driver behind further declines this week. While the view is far from new, this was the first time that such a mainstream institution admitted it. All that’s left is for a one or more EU leaders to admit it. That won’t happen until markets force the issue, because the ramifications are so gruesome – a banking crisis likely to dwarf that of the 2008 Lehman moment, renewed global recession/depression, and all the geopolitical instability implied.
See Part 1 for details.
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DISCLOSURE /DISCLAIMER: THE ABOVE IS FOR INFORMATIONAL PURPOSES ONLY, RESPONSIBILITY FOR ALL TRADING DECISIONS LIES SOLELY WITH THE READER. IF WE REALLY KNEW WHAT WOULD HAPPEN, WE WOULDN’T BE TELLING YOU FOR FREE, NOW WOULD WE?