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Euro trash banks head to landfill

As things get worse for the European banks ahead of the Sept. 7 German constiitutional court ruling on the EFSF http://www.zerohedge.com/news/more-bad-news-euro-banks-socgen-intesa-and-unicredit-
kicked-out-stoxx-50-index?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%
3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%
29

China is about to be downgraded by Moodys for some pretty major problems with their regional banks
http://www.bbc.co.uk/news/business-14726926
While world trade really is slowing down http://www.telegraph.co.uk/finance/globalbusiness/8733913/Downturn-in-global-trade-
adds-to-gloom.html

Any bets on ISM tomorrow or NFP Friday?

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