Tuesday, April 24, 2012

Global markets dive as Europe's austerity resolve falters

European markets fell heavily this morning on renewed concerns that Europe's commitment to budget cuts is fracturing.

In addition to uncertainty about Nicolas Sarkozy's re-election as French president, the Dutch Prime Minister Mark Rutte resigned after failing to agree with on how to impose austerity.

Here's my analysis from this morning's edition of AM.

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