Friday, March 19, 2010

 
 
 

 
 
 
 
 
The credit markets are sending an ominous warning
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Friday, February 05, 2010
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From The Pragmatic Capitalist:

One of the primary reasons for our move to sell equities in mid-January was the warning shot the CDS market was sending. Specifically, we said:

As the problem of debt refuses to go away and in fact, quietly spreads, we’ve seen another slow development over the course of the last few weeks - problems in Greece appear to be worse than originally expected and credit default swaps are...

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More on stocks:

Jim Rogers: Markets to tank soon

Marc Faber: Markets to plunge 20%

Market technician: 3 reasons the market has topped for the year

Topics: Credit Crisis | Stocks | Cruxallaneous
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