For the time being.
China SWF buying shares in China’s big four banks, including the two where Temasek has stakes, European bank shares up on talk of help on the way, and Wall St up strongly.
For the time being.
China SWF buying shares in China’s big four banks, including the two where Temasek has stakes, European bank shares up on talk of help on the way, and Wall St up strongly.
They’re pumping moolah into the banks first before announcing that Greek bonds and local municipal loan agreements will now be used to wipe backsides. Good for a 20% counter trend rally.