Investment Advice on the Radio

Second thoughts about the "shock and awe" emergency aid package in Europe is weighing on markets this morning. Asian markets finished lower and European markets are lower on banks. U.S. markets are flat right now and surprisingly the TSX is up almost 1%, mostly on the strength of gold and materials. Scotia Capitals assessment is that "Although the plan created liquidity, it fails to address the structural issues underlying the crisis - having said that, the plan has bought the EU some time and managed to bring Greek 10 yr bond yields down fronm 12.5% to 7.4%." For more information on investing in these volatile days yourlifeyourplan.ca