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Special European Market Update - Navellier

Posted by Michael J. O'Connor | CWS®, Vice President Investments
November 10, 2011

With the dramatic events in Europe over the last few days, Louis Navellier is out with a special market update describing what's going on. "What is killing Greece and Italy is that their cumulative budget deficits are larger than the U.S. relative to GDP. When interest rates were low, both Greece and Italy could manage their interest burdens, but now that both countries are characterized by soaring interest rates, they have hit their respective breaking points."

Navellier & Associates, Inc.