Sunday, May 30, 2010

Euro roller coaster driving reaction from tech stocks

The most practical way to understand the behaviour of the european currency would be to keep an eye at what bankers, politicians and speculators are doing.

The efforts currently made by the big decision makers are proving
inefficient at best. This could not only affect the Euro zone but it might even get to the point where some people could start having doubts about its stability, which will have important consequences in the near future for all these countries.

Europe at this point is faced with a situation that keeps its currency on a roller coaster which is impacting dramatically most technology stocks.

Investors and companies representing the Tech sector are nervous because at this point they are totally  depending on important results from those big meetings involving mainly political figures. Unfortunately the market might en up to leveraging actions and make decisions that could create a gloomy outcome for the ultimate investor.

Copyright Esteban Dobronsky 2011 ©

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