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Saturday, November 12, 2011

Michael Pento: French bond yields surge in eurozone crisis, Germany next? (Part 1)

The eurozone debt crisis appears schizophrenic, or at least the markets and the headlines in response are. The front page of the Financial Times reads "Markets Undermine Eurozone Rescue Bid." Only hours later the headline changes to: "Markets Rally as Eurozone Debt Fears Ease." We put the schizophrenia aside and the obsession with every move of investors and traders, and figure out what's really going on here with an analyst whose forecasts on the eurozone have played out. We talk to Michael Pento, President of Pento Portfolio Strategies.


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