Beware July

by Robert Wenzel

"Answer July—
Where is the Bee—
Where is the Blush—
Where is
the Hay?

Ah, said July—
Where is the Seed—
Where is the Bud—
Where is the May—
Answer Thee—Me—"

~ Emily Dickinson, Answer July

If there is one month to fear this coming year, it would have to be July.

The financial sector is very unstable and all hell could break loose at anytime, but July has special problems.

Via FT Alpha, below is a bar chart put together by Barclay Capital's Barry Knapp. It shows the money that the PIIGS will have to raise this year.

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February 18, 2010

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