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World indices taking a beating, with Germany off 5% and the rest of Europe down nearly as much.
In the states, thing look only marginally better — down 2% to start. Add that to Friday’s whackage, and we are at Euro levels.
• Bloomberg: U.S. Index Futures Plunge, Signaling Decline on European Banking Concerns
• WSJ: Europe Signals Global Gloom
• NYT: European Bankers Urge Leaders to Move Quickly on Debt Crisis
Feel free to discuss . . .
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