Markets are like public opinion, they change fast and are constantly influenced by mainstream news. It has been like this during the past ten days, when the Greek and the Italian Parliaments decided to call in the technocrats, to set a virtuous path and drive the two over-indebted countries out of their short term dead ends, and take care of their long-term problems.

Initially last week, stock exchanges gained a lot of ground, with the news from Athens and Rome but later on, in the first...


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