{"id":16268,"date":"2011-11-01T15:37:29","date_gmt":"2011-11-01T19:37:29","guid":{"rendered":"http:\/\/www.thedisciplinedinvestor.com\/blog\/?p=16268"},"modified":"2016-09-20T10:18:50","modified_gmt":"2016-09-20T14:18:50","slug":"the-wicked-rally-greece-still-wants-the-spotlight","status":"publish","type":"post","link":"https:\/\/thedisciplinedinvestor.com\/blog\/2011\/11\/01\/the-wicked-rally-greece-still-wants-the-spotlight\/","title":{"rendered":"The Wicked Rally – Greece Still Wants The Spotlight"},"content":{"rendered":"

Below is a recap of what sparked the wicked 1.5 – 2.0% rally from the lows today (Source: \u00a0 Ransquawk):<\/p>\n

13:47 – Italy’s Berlusconi says spoke to President Napolitano following conversation with Merkel to inform him of measures to be adopted
\n13:46 – Italy’s Berlusconi says he spoke to Germany’s Merkel about the crisis via telephone; confirmed Italy’s determination to implement reforms
\n13:45 – Irish statistics office say general government gross debt was 92.6% of GDP at end of 2010, down from prev. estimate of 94.9%
\n13:39 – CME Group (CME) releases MF Global holdings brokers and traders, permits them to transfer to other clearing members
\n13:37 – A Pasok MP who earlier said she opposed the prime minister’s call for a referendum has denied that she was planning to become an independent
\n13:32 – Italian Business Associations urge Berlusconi Govt. to act rapidly or draw the consequences
\n13:31 – EUR\/USD moving higher following comments that the referendum call by the Greek PM is essentially dead according to a Socialist official
\n13:28 – Greek PM’s call for a referendum is essentially dead according to a Socialist Party official
\n13:24 – Cannes meeting to say EU cannot wait until January for Athens vote according to a source
\n13:23 – Cannes meeting to tell Greek no alternative to existing rescue package, will demand clarification of Greek plans according to a source<\/p><\/blockquote>\n

Headlines and rumors continue to drive this market leaving individual and even institutional investors baffled as to the outlook for the next 1 – 3 months. \u00a0 Our faith resides in the Greek Prime Minister Papandreou to conform with Europe’s demands and pull the country out of the mounting debt.<\/p>\n

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Below is a recap of what sparked the wicked 1.5 – 2.0% rally from the lows today (Source: \u00a0 Ransquawk): 13:47 – Italy’s Berlusconi says spoke to President Napolitano following conversation with Merkel to inform him of measures to be adopted 13:46 – Italy’s Berlusconi says he spoke to Germany’s Merkel about the crisis via […]<\/p>\n","protected":false},"author":371,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[5,12],"tags":[481,264,356],"class_list":["post-16268","post","type-post","status-publish","format-standard","hentry","category-economy","category-markets","tag-economy","tag-europe","tag-greece","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"acf":[],"_links":{"self":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/16268","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/users\/371"}],"replies":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/comments?post=16268"}],"version-history":[{"count":0,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/16268\/revisions"}],"wp:attachment":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/media?parent=16268"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/categories?post=16268"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/tags?post=16268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}