Tuesday, November 29, 2011

Monday, November 28 Market Recap

MONDAY (DJIA +291) European leaders are looking for creative ways to solve the financial crisis. Now they are looking at treaties to cover budget oversight and fiscal and monetary management, as well as the possibility of cross-country guarantees of debt. This would be easier to implement than seeking constitutional revisions. The market really rallied on the news, helped by blowout Black Friday weekend sales.