Chris Cruises the Globe 7.6.2012

Europe looks to be ending their 5 week rally with index’s currently showing red. The rate cuts proves to
not be what is needed, they seem to be signaling for more financing; when do you cut them off becomes
the question. London is at -.2%, Paris -.3, and Frankfurt .3. Spanish banks are down 1.5% after a big sell-
off, with BBVA currently down 5%.

The US seems to be following suit with our indices currently showing losses of .1%, and commodities
beginning low with crude, gold, and silver down, while natural gas is showing a 1% gain.

Contributer Chris Rygh is currently pursuing his MBA in Wisconsin and has a passion for the Market.
Comments can be directed to ryghcw19@uww.edu