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Today's Market: More M&A Coming, Financial Names Run Into More Trouble

International markets led the way lower today after weak import numbers from China and comments from the new leadership in Greece which appeared to set the table for a showdown over the country's debt and bailout terms. China's data is spotty at best, and that is a story which the market can deal with but the thought that Greece is going to hold not only the EU and IMF hostage to its demands, but the whole world, is worrying for investors. This is something we have seen before and it created a ton of volatility, something that many investors currently do not have the stomach for.

It would set a bad precedent to once again go back and revise the bailout package that Greece was given, but this is Europe we are talking about and they operate in a much different manner than we do here in the United States.… Read More …