Double Bubble Trouble

[Johannes Schneider]

Dennis R Redmond wrote:
> Well, it's official: the ECB raised short-term interest rates to 3%,
> (snip...) things could get very, *very* ugly on
> Wall Street over the next few weeks. The EU credit spigot is being slowly
> tightened, which is bad news for be-bubbled overseas debtors like the US.
Dennis,
yesterday NASDAQ closed on an all time high. The German DAX closed on a
record high for this year. What do you ( or others ) make of this?
Johannes