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  • Loose Lips, Sink Ships...

    In This Issue..

    * Greek PM stops currency rally...
    * Will Fed stop mortgage buying program?
    * Aussie jobs report is strong!
    * The history of a Pfennig For Your Thoughts...

    Good day... And a Terrific Tuesday to you! The monsoons are coming to the Midwest... I believe I saw the weather report for this area showing rain today and the rest of the week... I should leave my car outside, to get a 'wash'! HA!

    Well... During World War II, there was a saying, that, 'loose lips, sink ships'... I think Greek Prime Minister, George Papandreou, should have taken those words to heart yesterday... You see, the currencies, led by the beleaguered euro, were rallying, and the single unit was nearing 1.37, when Papandreou made a statement that sunk the rally's ship... He said that 'Greece's debt problems could soon spread to the rest of Europe and mean a weaker euro'...