Analysis: Market reacts to EU debt deal, Q3 growth
A better-than-expected growth rate in the U.S. economy during the third quarter and a bridge solution introduced by the European Union to address the Greek debt crisis should help the Stock Market to remain on the upside, at least in the short-term. Continuation of that trend through the end of the year will depend on further developments out of Europe and additional good news for the U.S. economy through the fourth quarter.
Morris R. Segall, President of SPG/Trend Advisors, talks about the positive market reaction to news of a European Union deal to address the Greek debt crisis and a better-than-expected growth rate in the U.S. economy during the third quarter.
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