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Spain's Woes Trigger New "Safe Haven" Trade

By
Mortgage and Lending with The Federal Savings Bank/Lending in 50 states NMLS # 109616

Stocks faltered today as the "safe haven" trade crept back in to markets is the face of a burgeoning debt crisis in Spain.  Their debt has now become too expensive to sustain and it is hard to believe that the European Central Bank has the patience or the inclination to bali out a country that large.  Stocks in Europe and here tumbled and Oil sold off ending its seven day streak of gains.  Industrial giant GE reported losses as a result of belt tightening in Europe.  The Dow closed down 117 points.

John Pusa
Glendale, CA

Jeff - Thanks for the information about Spain's woes trigger "Safe Haven" trade. Excellent blog.

Jul 20, 2012 09:38 AM
Jark Krysinski *PREC (Personal Real Estate Corporation)
REMAX CREST REALTY WESTSIDE - Vancouver, BC
TeamYVR Team Leader, BA,ABR,IRES,IMSD,LLB

Hi Jeff I've received my I.R.E.S. Designation in Vancouver, BC, Canada and I noticed that you have similar designations.  I'm messaging you because I want to expand my international connections.  I'm presently building a larger network so that your listings can be featured in my city (for an international exposure), and mine can be featured by you.  Presently I have approximately 20 listings which might be of interest to you.  

Interested?  Look forward to chatting some more with you with respect to co-listing each other's properties, if you are interested in speaking further?  Cheers, Jark.

Aug 23, 2012 07:50 PM