European Bond Yields and Commentary, March 5, 2012

Greek 1 year bond yield – 908.751%

Greek 2 year bond yield – 230.172%

Italian 10 year bond yield – 4.907%

Spain 10 year note yield – 4.906%

France 10 year bond yield – 2.786%

Hungarian Government Bond 5 Year – 8.35%

Hungarian Government Bond 10 Year – 8.43%

Portugese5 year note yield – 16.675%

Portugese10 year note yield – 13.808%

AAIISentiment Survey

Bulls – 44.5%

Neutral – 28.7%

Bears – 26.8%

Investors need to watch the events surrounding the Greek bond swap.  Depending on how the events play out there is a possibility that the swap is declared a credit event.  I am counting on the law of unintended consequences taking over sometime this summer as a yet unnamed country decides the Greek route is the best way to reduce their debt burden. 

Watch the Portuguese and Hungarian debt yields very carefully.

The news last night that China is reducing GDP forecasts to 7.5% will hang a burden on the markets as the week begins. 

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Two weeks ago I did an interview with investortoday.ca on 2012.  For those regular readers I am more bullish there than my general commentary for good reason.  Please feel free to check it out and as a reminder the 2012 Investment Forecast is now available.

Link to interview:  http://investortoday.ca/interviews/Urban/12Jan2012/12Jan2012.html

The 2012 Investment Forecast is now available!!!!

Thank you for your patience. 

The 2012 Investment Forecast is finally finished and ready for sale.  My apologies for the final week’s delay as my original outlet caused some unnecessary consternation forcing me to seek a different outlet.

I am pleased to say that the 2012 Investment Forecast is available through smartwords.com, the world’s largest independent ebook distributor, by clicking here.

Smartwords distributes to Apple, Barnes & Noble, Sony, Kobo, Diesel, and others along with instructions on downloading to your Kindle meaning that this and future work will be available in multiple formats from mobi to ebook to pdf. 

As a sign of forgiveness for being so late I am dropping the price from $20 to $15.  Quarterly commentaries will be priced at $5 while next year the yearly forecast will return to $20. 

If you wish to place a banner ad and help distribute the 2012 Investment Forecast and future works I am offering a 25% commission on all sales.  You can find more information here:  http://www.smashwords.com/about/affiliate

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