Signs Of A Euro Resolution
From the research I have done this week it appears the Europeans are getting their act together. This is a primary reason why our market has rallied over the past 24 hours. From what we can see the Europeans are starting to work co operatively to solve the immediate Greek problem and the political interference is reducing and they are not getting as involved in the process.
In addition the world has been in a defensive mode where massive amounts of global money is in cash and bonds in fear of an economic meltdown and it could be argued that this money will start to return to equities.