Sun, Jul 13, 2014, 5:21 PM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Netflix, Inc. (NFLX) Message Board

  • nw2000_ca nw2000_ca Mar 19, 2013 10:19 PM Flag

    The EU appears to have a trust problem

    The EU appears to have a trust problem, as in investors are having a difficult time trusting the leadership and ECB to handle crises effectively. Bailouts are always contentious events, but the EU "brain trust" seems to have simply fanned the flames of discontent instead of easing fears. The EU has imposed rather unfavorable terms on previous bailouts. The bailout terms for Cyprus are not different, essentially forcing the government there to "tax" bank deposits by 10% to secure emergency loans. This seems to be a no-win situation for Europe. On one hand, if the government fails to ratify the proposal, Cyprus will likely default. On the other hand, if the government approves the measures, fears that the EU can grab citizens' money at any point without voter say-so could spread, possibly resulting in bank runs.

    Sentiment: Sell

 
NFLX
439.96+1.41(+0.32%)Jul 11 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.