Tag Archives: default risk

Spain: More Debt Equals Increased Risk of Default

After insisting a week ago that they did not need a bailout, Spain asked for $125 billion to shore up its crumbling banking system. World equity markets initially rallied on the news. Spain’s IBEX 35 index was up a remarkable … Continue reading

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Posted in Fundamental Analysis, Market Commentary, Market Timing | Tagged , , , | 1 Comment