Euro Weakness No Longer A Headline Problem

As the cycle of European crises becomes shorter and shorter the problem has ceased to be one of headline risk according to a report from Deutsche Bank AG (NYSE:DB). The report, entitled "The euro has a life beyond the Headlines", looks at the reaction to the Spanish bailout as evidence of the transformation.

On Monday as the market had a chance to react to Spain's bailout. the outcome of that reaction was surprising. After an initial, and expected, significant rise in Spanish equities the . . .

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