The Euro zone debt crisis has been at the forefront since late 2009 when it became apparent that Greece was struggling to curb its towering deficit. Greece unsuccessfully implemented several austerity meassures aimed at restoring financial stability, ultimately succumbing to a bailout package in early May of 2010. History has repeated itself since then seeing as how Greek debt woes remain a burden despite a second bailout package. Investors have seemingly brushed aside lingering debt drama for the past few weeks as encouraging economic data on the home front has bolstered equities higher [see ETF Insider: Did Wall Street Forget About Greece?]. The bulls need to be aware that the overseas debt drama is far from resolved, and could spark more worries in months to come. Although lawmakers have taken measures to ensure the longevity of the currency bloc, debt drama is infamous for resurfacing at the most inconvenient of times. It’s [...] Click here to read the original article on ETFdb.com. Related Posts: Top 10 Noteworthy ETF Trends Of 2011 One Year Later: NORW Still Finding Its Footing Three Long/Short Ideas For Euro Zone Debt Drama Three ETFs For Betting Against Europe Checking In On Two “Anti-Euro” ETF Plays
The Euro zone debt crisis has been at the forefront since late 2009 when it became apparent that Greece was struggling to curb its towering deficit. Greece unsuccessfully implemented several austerity meassures aimed at restoring financial stability, ultimately succumbing to a bailout package in early May of 2010. History has repeated itself since then seeing as how Greek debt woes remain a burden despite a second bailout package. Investors have seemingly brushed aside lingering debt drama for the past few weeks as encouraging economic data on the home front has bolstered equities higher [see ETF Insider: Did Wall Street Forget About Greece?]. The bulls need to be aware that the overseas debt drama is far from resolved, and could spark more worries in months to come. Although lawmakers have taken measures to ensure the longevity of the currency bloc, debt drama is infamous for resurfacing at the most inconvenient of times. It’s [...]
Click here to read the original article on ETFdb.com.
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