Tuesday, February 12, 2008

Forecoming elections

On the 9-march of this year, there will be general elections in this country. As the two main parties are very near to each other, this uncertainty becomes an extra risk factor for the Spanish economy to add to the current external global incertainties. For example, the Ibex-35 has fallen about 13 % in a bit more than a month. My advise to anybody willing to invest in the Ibex is to wait until after the mentioned elections.

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