Monday, November 22, 2010

96.3FM Radio Spot

Irish bailout - $90 billion.
Why should we care?
Does it matter to us.

Next up: Portugal

Irish crisis dries up credit for local governments. Across Europe and the US, local governements are finding it more difficult to raise money on the bond market. This causes yields to rise and bond prices to fall further. That's not good for fixed income investors. Good to diversify and have a tracking system that allows you to identify these shifts and adjust your strategy.

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