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Portugal Next?

|Includes:ADRU, EDP, EDPFY, EEA, EF, EKH, Portugal Telecom SGPS SA (PT)

Based on the performance of a variety of financial instruments (including credit default swaps) referencing or related to the financial condition of Portugal and Portuguese-related companies, it appears investors are expecting/preparing/betting/hedging for the worst to hit Portugal next.






Disclosure: long all stocks

Stocks: PT, EDP, EDPFY, EF-RETIRED, EKH, EEA, ADRU