der in contempt, Earnings (FDO, CAN, NKE, ruling on ObamaCare (10am), House will vote on whether to hold AG US GDP, Kansas City Fed Manufacturing, EU Summit in Brussels, RIMM) Friday: Personal Income and Spending, Chicago PMI, Michigan Confidence, EC qtrly report on Euro area, Earnings (STZ) This e-ma

ed IB in the world & a 2-notch cut for MS was consensus despite fears of 3). Hollande, Merkel, Rajoy & Monti meeting in Rome today ahead of the key EU Summit next week and the proposal to allow the EFSF/ESM to buy peripheral sovereign debt will remain in focus (will Merkel continue to resist pressure?).

on Fri 6/29 at 12noon ET. We are hosting a global conference call to discuss with investors our initial conclusions regarding the much-anticipated EU Summit. How effective is the expected proposal fore a fiscal and banking union? What impact should the growth compact have on EU GDP? What is the timelin