2/10/08

Question from a reader

In your opinion, will the monoline insurance companies like Ambac and MBIA be downgraded and forced into bankruptcy thus exasperating the credit crisis forcing more losses in the markets index averages?

Answer. It is risky to speculate about this sort of things. The hard fact is that our proprietary financial risk indicator is moving higher. And this is bad news.

More on https://www.peterdag.com/.

George Dagnino, PhD
Editor, The Peter Dag Portfolio
Since 1977

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