EU Summit Fails To Impress; Germany & France Maybe Downgraded!
Monday, December 12, 2011 Stock Market Commentary: Risk assets fell hard on Monday after the much anticipated EU summit failed to make any significant headway which raised concerns that several EU states may be downgraded. From our point of view, the market confirmed its latest rally attempt on Wednesday, November 30, 2011 when all the major averages soared over +4% on monstrous…