European Crisis Eclipses World Markets

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Once again, the major stock indexes are tumbling lower after the European Union continues to remain under heavy selling pressure. Italy, Spain, and even France may need to be bailed out in the near future. Traders and investors must remember that Greece was already bailed out for a second time in a year. Ireland, and Portugal could face a similar fate. When do the problems in the European Union begin to finally be resolved? The answer to that question is unknown at this time. This morning, all of the European market indexes are trading sharply lower. Germany is considered the strongest country economically in the European Union, however, even the German DAX has also been plummeting. This morning, the iShares MSCI Germany Index
EWG
is declining lower by 0.87 cents to $23.22 a share. The iShares MSCI France Index
EWQ
is trading lower by 0.92 cents to $23.03 a share. France is considered the second strongest country in the European Union. Many traders and investors are starting to see weakness in the French economy which is another negative for the global markets. Traders and investors seem to be handcuffed by the action in the European Union. The problems in that region cannot be solved overnight and should continue throughout the rest of the year. There will be band aid fixes for the European Union, that is what we learned with Greece. These short term fixes will be the trading opportunities that the stock market presents. At this time, the European problems are the leading problems to follow. Nicholas Santiago InTheMoneyStocks.com
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