No Shock and Awe This Weekend?
October 20, 2011 at 09:25 AM EDT
No shock and awe this weekend? It sounds like Europe is going back to incremental changes. Traders have been anticipating the European Union summit on Sunday will resolve issues related to: 1) a greater haircut on Greek debt; 2) recapitalization of banks; and 3) how to use the European Financial Stability Facility.