It's Thursday, October 27th, and this is Market Fullery.

I'm Chris Helen joining me in studio today for Motley Fool Inside Value Joe Mager

and for Motley Fool pro Jeff Fisher.

Guys, happy Thursday. Chris Thursday, for Thursday. We've got earnings from ExxonMobil, Shell, and Visa,

but we are going to start with the big macro. We've got two stories making headlines. The

European leaders have an agreement in place to deal

with the sovereign debt crisis. That includes a 50% haircut on the Greek debt. And economic growth

in the United States grew 2. a half percent in the latest quarter.

Not huge but nearly double the rate of the previous quarter.

Let's start with the EU first.

Jeff Fisher, what do you think of the plan that's in place?

I don't want to be a Debbie Downer from the start, but...

But you're going to do it.

The stock market is reacting much more positively than the sovereign debt market in Europe is right now.

Bond yields on Greece and Italian bonds really haven't moved much at all.

They're still near record high as it.

The two-year on Greece is 76.7% to buy that bond.

That's high if you don't know what's that high.

Very, very high.

So not seeing the same optimism from the debt markets to me is telling that the

stock market may be a little too optimistic right now because the debt market is where the

problem is at. If these countries cannot lend money at reasonable rates and their economies

...