Investors no longer have to worry about a messy exit from the eurzone, but they know it’s still a long road to solving Greece’s economic troubles even after the New Democracy party won enough votes to begin forming a coalition government. Attention quickly turned from the outcome of Sunday’s election to the next immediate crisis: Spain’s rising bond yields. In a report from NPR: “There is deep concern that the euro crisis relief will be temporary as the much larger economies of Spain and Italy remain under pressure due to high borrowing costs, anemic growth and debt.” The New York Times writes, “Market relief at the future of the euro zone began to fade by midmorning Monday, as stocks and the euro retreated and Spain’s borrowing costs pushed up to around the 7% barrier seen by many as unsustainably high.”
Market rally fades as investors turn attention from Greece to Spain (NPR)
Comments
Special Features
2013 Outlook As we move into a transition year, check out LifeHealthPro's conjectures for the life, annuities, health and disability markets.
100 Best Sales & Marketing Ideas Whether you want ideas for referrals, generating leads or just listening to your clients better, we have the sales and marketing tips you need.
The Complete ELNY Saga For more than two decades, the Executive Life Insurance Company of New York (ELNY) has been bled for billions of dollars while languishing in a state-imposed purgatory.
Life Insurance A-Z This alphabetical-themed infographic will help your clients feel more comfortable discussing life insurance protection concepts.
2012 Advisor of the Year Through a very thorough nomination process we look to find a top producer who is a true cornerstone of a community.
Senior Survey 2011 In this special section, find out how seniors build their nest egg, make an estate plan, finance their health care and where they live.
