Markets Are Heading Higher, But...

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After last week’s big punishment, markets are starting the week tentatively higher.But it’s early, and we’re not particularly convinced.

US futures are just up a touch.

Germany is up 0.33%.

On the other hand, Greek debt is wider again today, with two-year yields edging past 26%! Spanish bonds are worse, and so are Portuguese ones.

And silver and oil are both getting hit.

So, hard to feel too comfortable yet.

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