(1) A day with no European pains is a good day. (2) The losers are winners again. (3) Drilling deeper to avoid root canal surgery. (4) When sentiment is really bad, it doesn’t take much good news to start a rally. (5) US better. Europe still bad. (6) Will France, Germany, or the EFSF get downgraded first? (7) An AIG Moment. (8) Stress tests could crack European banks. (9) Let the earnings season begin. (10) Will US feel Europe’s pain? (11) Europe is in a growth recession.
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