U.S. Market Crisis: How to prevent a UK contagion
Posted by Keith Fitz-Gerald on March 21, 2008
"Right now the big concern is whether a potential new financial crisis in Great Britain - spawned by the ‘St. Patrick’s Day Massacre’ - will make the jump across the ocean and infect the U.S. financial markets." — Keith Fitz-Gerald
by Keith Fitz-Gerald
Baltimore – (TFN): With the recent market collapse, the subsequent U.S. Federal Reserve-negotiated sale of The Bear Stearns Cos. Inc. (BSC: NYSE), and a central bank that’s socializing trillions of dollars in debt in a misguided attempt to "fix" the credit crisis, many investors are very astutely asking: How much worse could this get?
My answer: A lot.
Right now the big concern is whether a potential new financial crisis in Great Britain - spawned by the "St. Patrick’s Day Massacre" - will make the jump across the ocean and infect the U.S. financial markets. Fortunately for us, there are steps investors can take right now to position themselves for profit - and protect themselves from infection should this U.K.-generated contagion reach our shores.
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U.S. Market Crisis: The UK source
But you have to know where to look and what to buy. And you also have to understand just what’s happening right now. So let me take a moment to tell you just what’s happening. Read on to learn about London’s St. Patrick’s Day Massacre and find out how you can avoid the infection if it reaches U.S. shores.
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