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Once Again, It’s About Europe

Socialist candidate Francois Hollande won the election in France, throwing the Eurozone into a tizzy as Germany no longer has a fiscally conservative partner in France.  This is going to get very interesting as we have Germany favoring austerity and a more hard line fiscal path, while France will look to curb the expense cuts, raise taxes and possibly increase spending.  Markets cratered overnight, especially in Asia, but by the time the US opened, losses were more muted.  And by […]   Read More
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Paul's Insights
Date: May 7, 2012
Paul Schatz, President, Heritage Capital

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