The Group of 7 Nations is holding a conference call today to discuss measures to shore up the debt woes in that troubled region, while Spain has called for outside support to combat its own financial crisis.
The Bond markets are trading lower on the news, following through on yesterday's slide.I will continue to recommend locking in the short-term, days and a few weeks. In the longer-term, I feel that Floating is prudent due to the fact that the Euro drama is far from over.
Leonard Winslow
Direct: 434-760-2580
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Charlottesville, Va. 22901
leonard.winslow@newamerican.com
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leonard.winslow@newamerican.com
web: www.newamerican.com/leonard.winslow
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