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The Euro has rallied against other currencies recently.
Do I think this is a short term rally? Yes. Do I think the Euro and Europe in general still have long term problems? Yes.
CLICK FOR FULL ARTICLE – JUST WHEN YOU THOUGHT THE EURO WAS OUT
This week is my annual 2010 review and 2011 preview.
I start out by talking about what I got right and wrong from my 2010 preview 12 months ago (you mean I’m accountable?)
I then talk about reasons to be bullish countered by reasons to be bearish on 2011.
I conclude my video with specific actions I’m taking with my clients. This includes
* What I’m doing with my bond exposure
* How I’m allocating amongst large cap, mid cap, and small cap
* What I’m watching as an indicator of market health
* What sector I like for a long term buy over the next decade
This is my 2011 action item video. While I want you to watch all of my videos that come out each week, if you can only watch one then this is the one.
Europe will be big news in the coming years and because of its economic size, it will impact the rest of the world, including the US.
In 2011 I’ll keep you informed.
CLICK FOR FULL ARTICLE – EURO HAS 1 IN 5 CHANGE OF LASTING THE DECADE
How do other countries fair as a percentage of their GDP?
Luxembourg 2,461
Ireland 872
Switzerland 723
Greece 141
US 82
Want the full list? CLICK FOR FULL ARTICLE
We’re now seeing the worst falls in Municipals since Lehman’s collapse back in September 2008. Ouch! I also say that the worst is before us, not behind.
To do: Watch your municipal holdings and know what your exposure is!
Ireland has a bailout (thank you EU and IMF) and now the yields for Portugal, Spain, and Italy are going through the roof.
This does NOT bode well for the rest of the PIIGS, Europe, and the Euro.
To do: What’s your exposure to what I think is the next big collapse?
CLICK FOR FULL ARTICLE: MUNIS SEE WORST FALLS SINCE LEHMAN COLLAPSE