If This Guy Is The Source Of Greek Bailout Reports, You Should Be Very Skeptical

Jorgo Chatzimarkakis

Jorgo Chatzimarkakis, a German member of the European Parliament, announced in a TV interview Saturday night that France, Germany, and the Netherlands would snap up Greek bonds in an effort to bail the country out, according to Reuters.

But who is…

Greece and the Risk Aversion Theme

Marc Chandler submits:

Three separate developments underscore the risk aversion theme today: Disappointing Alcoa (AA) earnings to kick off the US earnings season, the continued snugging of Chinese rates, including a 50 bp hike in reserve requirements (for large banks), and new…