3/25/13

What happened in Cyprus

In plain English.

1. No more public (taxpayers') money to rescue banks.
2. Investors and large depositors will have to accept the risk of investing in a given bank.
3. Overextended banks will close.
4. Germany is in control of what happens next. France is out of the picture with the disastrous Hollande's policies.

George Dagnino, PhD Editor,
The Peter Dag Portfolio.
Since 1977
2009 Market Timer of the Year by Timer Digest
Portfolio manager

Disclaimer.The content on this site is provided as general information only and should not be taken as investment advice nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analyhttp://www.blogger.com/blogger.g?blogID=4393121024152614189#allpostssis, opinion or advertisement on this site are your sole responsibility.

STRATEGIC INVESTING FOR UNCERTAIN TIMES.
Learn how to manage your portfolio risk and sleep comfortably. Improve the certainty of returns by taking advantage of business cycle trends. Learn to use somple hedging strategies to minimize the volatiltiy of your portfolio and protect it from downside losses.
You will receive your user id to access 4 FREE issues – and all the previous ones - of The Peter Dag Portfolio. Email your request to info@peterdag.com. New subscribers, please.

No comments: