Successive headlines are trumpeting that a deal has been reached on Greece and the Spanish banks. Unfortunately, this has not been received as the panacea previous deals were in the subsequent price action. This skepticism will now be reflected in the focus on the negotiations over the US fiscal cliff.; as yesterday afternoon’s round of selling that greeted talk that conferees are still struggling to come up with a deal acceptable to both sides demonstrated.
Energy Overview — TotalView™ of the Energy Markets