Euro-Greco Bounce

June 21, 2011 6:33am by Barry Ritholtz

The fear of a brief melt up in response to the eventual Greek rescue is why we covered shorts yesterday.

Ahead of the confidence vote in Greece tonight, the euro and European markets are bouncing higher off of three-month lows. Asian stocks are also in the green.

I am running off to speak to Fund Allocators from Europe at a Citywire event — but I will be back later.

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