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by Chief Investment Officer, Thomas J. Feeney |
Click HERE to view video from our most recent
Investment Seminar entitled:
Is a Recession Looming?
Implications for Stocks and Bonds
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Posted: January 15, 2012
The financial market’s focus remains on Europe. The financial press directed its attention Friday to the rumored Standard & Poor’s downgrades of European sovereign debt, confirmed late in the day. Most European nations have now been downgraded, and the downgrades have reached Europe’s core, with France and Austria losing their prized AAA rating. A few nations, including giant Italy, were dropped two notches. At the most fragile end, Portugal joined Greece, as S&P downgraded Portugal to junk with a negative outlook. Continue Reading
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