Europe revisited
It’s back – although, for some of us it was never out of sight: Europe is in trouble.
Greece is facing gdp growth rate of -3.5% and is now officially beyond low double digit unemployment (and rising).
Spain, in the meantime, is facing another liquidity crunch.
And the only thing saving the credit markets from freezing up is a quickly eroding common fund that is going to face some huge losses in the very near term. (See article here.)
Last 5 posts by Yaron Sadan
- Calling all themes - February 10th, 2012
- Portugal, and Yields, and Iran . . . - January 30th, 2012
- The Hunt for Yield - January 26th, 2012
- All eyes should be on Iran - January 23rd, 2012
- Quick note - January 19th, 2012
Tags: Euro, europe, Greece, Spain
Currency, Fixed Income/Bonds | Yaron Sadan | 
August 12, 2010 10:01 am
No Comments
No comments yet.
RSS feed for comments on this post. TrackBack URI
Leave a comment
You must be logged in to post a comment.