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Markets Getting Eurotrashed

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  • Description

    FBN’s Stuart Varney breaks down the best from this episode of Varney & Co.

  • Duration 1:39
  • Date

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All right here it is the highlight real bullet please.

Japanese factories produce less Spain's economy shrinks the -- government in total chaos of a budget cuts and the socialists coleslaw alone on the -- the first round of the French election that does not play well -- You Michael is a triple dose of Euro trash and all of it is hitting US markets hard this morning.

I wanna move on to the stock market real fast now because we are getting on that is that again you wrote trashed.

I'm gonna say we're being you -- trashed again.

Seems to me that Europe in general is rejecting austerity.

Cost cutting budget cuts and the French seem to want to go back.

To the not too distant past.

OK maybe I used the would Euro trash a couple of times to many but I did say it and I think that's why the market is down so much today would you take issue that.

As the major underlying concern of the market no matter what's happening on a given trading day good or bad the market traders investors.

Have to be concerned about that every day until that situation -- for.

Just can't get away from account when we talk about this for -- yet at least the Euro crisis and how it affects us over here now you got a French election.

Could be a socialist in the what the Elysee Palace I think it is.

The Dutch government falling apart because they can't agree on austerity Germany shrinking -- in recession.

Nobody can repay this massive debt the wanna print a whole lot more money the crisis is still what is just never goes away and other than that mrs.

Lincoln how did you -- -- show how.

Other it was a good show I'm looking forward to Friday when we get the GGP -- -- What's that gonna say everybody else is slowing down what about us we'll say.

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