Market Response To SarKel Emergency Meeting: Dump

Tyler Durden's picture

Remember what happened to the market following Trichet's disastrous press conference two weeks ago? Well, cue it up, because it is deja vu all over again. The second Sarkozy said that neither the Eurobonds are coming as expected, nor the EFSF will be expanded, the sell off began. The only question the market has is when is the next emergency meeting?