Folks, last week I told you to look for hints that Germany would come to the rescue of the European Union, and today we got another one. The German Constitutional Court has upheld the legality of bailout packages for member nations stricken with debt. That’s good news for European banks that are holding that Greek [...]

Well, folks, what do you say after a day like yesterday?  Watching the market drama in the wake of S&P’s downgrade of U.S. debt, I was reminded of something an old floor trader, Sam Shanker, said to me back when I was just a young punk at the CME. “When there’s blood in the streets,” [...]