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  • The New Hidden Eurozone Risk 0 comments
    May 17, 2013 12:32 AM

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    Complacency among investors is extremely dangerous. Many investors, both retail and institutional, have very short memory spans.

    It wasn't too long ago that the eurozone was in the midst of a financial crisis. While the worst appears to be over-at least temporarily-economic growth still remains elusive for the eurozone.

    Yet in spite of all the dangers, investors have returned to the eurozone en masse. Spain recently sold one-year bills yielding just 0.994%, the lowest since 2010. Demand is extremely strong for these periphery nations, even though it's clear that many parts of the eurozone are lacking economic growth.


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