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Jun

02

Don’t Let the European Stock Rally Fool You

By Tony Seruga

Anyone looking at the direction of Europe’s benchmark stock averages last month could get the impression investors are untroubled by the situation in Greece.

Looking a little deeper suggests otherwise.

Equity swings in the Stoxx Europe 600 Index were the biggest since January in May, according to data compiled by Bloomberg. That’s even as the gauge rose for a fourth time in five months and Greek shares stand among the quarter’s best performing in western Europe…

Don’t Let the European Stock Rally Fool You

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