Obviously, the stock market and economy had enough barriers to overcome last week without the hedge funds.
FORBES: The Week Ahead: Are Hedge Fund Investors Bailing Out?
Wesbury writes here that the U.S. economy is strong enough to barrel past a 6% Fed funds rate without much of a pause.
FORBES: U.S. Economy Can Tolerate Tightening
If you assume that the IMF kept stumping up its share of rescue funds, the pot would be just enough to see Spain through the next three years without having to go to the markets: but it is nowhere near enough to cover Italy too.
ECONOMIST: The euro crisis, part 394
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