With the US heading towards recession and the Euro Sovereign Crisis getting ugly again where to invest one’s funds has never been tougher. Australian bonds yields are around 4%, meaning they are on PE ratio of 25 which compared to local and global shares, which are currently on forward PEs of around 10, are very …
Daily Archive: September 10, 2011
pub-5731955080761916
Sep 10
Its pretty much all over for Greece
1 Year Greek Government Bond Yield Source: Bloomberg I know I’m pretty late on this but when your 1 year bond yield is yielding close to 100% you’re absolutely no chance of raising any debt and the market is declaring your default is nigh. Fiscal austerity for Greece will make zero difference to its chance …
pub-5731955080761916