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Is another story for -- -- coming thick and fast.
It's like Portugal will need a bail outs let's head to the CME group in Chicago beating -- -- with Castro are god joins the company data.
I know this is making news in the heavy duty financial circles Portugal needs a bailout.
Is it that big a deal -- investors in the American stock markets on the oil market big deal.
Yeah I really is because -- European Union and the importance of the lending through the European Union.
It's all gonna come into question here you can't just have.
One of the countries in the union certainly go belly up and I'm.
Hi ex communicate him and take them out of the equation -- part of the girl and it's gonna come right back in -- Germany because.
Germany continues to be making out really well on the weak -- although have been able to export to everyone else no one talks are Germany -- we talk about China.
For Germany is gonna have to pay some dentists take -- Portugal Spain Ireland.
They're all gonna need some help and it's gonna come down to whether or not Germany wants to stay in the union an album but -- eventually where it's going -- because a lot of time.
If Portugal is long drive -- of market activity today is another one.
I think you've got to be watching oil.
Bernanke was very clear he said the consumer in this country is going -- be.
It's taken right off his heels if oil prices were to rise we've had a dramatic rise in oil since he made that speech and early march.
And reserve now you've got to be careful because -- the consumer spending your -- -- gets zapped by these rising prices we're gonna see at the pump.
Then all bets are off for -- strength of the recovery time most of us agree it's rather tepid to begin -- But if you were to put the higher oil prices higher gas prices on top American.
And I think we're talking anemic at best for our recovery chances might -- the -- many thanks indeed that.
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