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Reversal On Hedge Fund Redemptions

Seeking Alpha – There were hints in the news on Thursday of cracks in the GOP unity on higher taxes. This was led by the ubiquitous compromiser in chief former Senator Judd Gregg who was willing to utter “higher taxes” to give his colleagues an assist. After all they’re not stupid and read polls indicating people want to tax the so-called rich. As EU head Jean-Claude Juncker recently stated: “We know what to do, we just don’t know how to get reelected if we do it.” I guess that sums things up nicely.

Speaking of Europe, Mario Draghi held his press conference Thursday and basically made no policy changes but indicated the eurozone would see weaker economic growth.

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