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Archives for February 2010

Is this Round Two?

November 9, 2010 By Dick Young

February 5, 2010 Global equity markets have sold off sharply to start 2010. The risk trade that worked so well last year is getting creamed. A flight to quality is underway. Investors are concerned over the sustainability of mounting debt and deficits of weaker Euro member states. I am talking about Portugal, Ireland, Italy, Greece, and Spain here-better known as the PIIGS. Today, Greece is in the crosshairs of global bond market investors. Greece’s debt and deficits are unsustainable, but there is opposition to a plan to rein in debt. Investors smell blood and have bid up yields on Greek … [Read more...]

Continuing Claims

November 11, 2010 By Jeremy Jones, CFA

… [Read more...]

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