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David Sekera

Dave Sekera, CFA, is chief U.S. market strategist for Morningstar. Follow David on Twitter: @MstarMarkets. Please note, Dave does not use either WhatsApp or Telegram. Anyone claiming to be Dave on these apps is an impersonator. He will not contact anyone on these apps and will not provide any content or advice on either app.


While the initial bailout framework was enough to suppress near-term contagion fears, there continues to be enough smoke to indicate that potential fires are smoldering beneath the surface.

We find it disconcerting that the security that should benefit the most from the European plan has not appreciated along with the rest of the markets.