9/7/10

It is not over

News. Sept. 6 (Bloomberg) -- Greece still faces a “substantial” default risk as insolvency prevents the nation from repaying its debt when its bailout program expires in three years, Pacific Investment Management Co. fund manager Andrew Bosomworth said.

It look like we are not yet out of the woods. Something to keep in mind. There is is still substantial risk. Ireland is next, according to the bond market.

George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
Ranked best market timer in the 12 and 6 months ending 8/20/10 by Timer Digest

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