The news today has to do with Libya, but the real concern here is higher oil prices, inflation and eventually higher interest rates. If the stock markets are turning slower for a temporary correction, then the financials sector is likely to lead on the way down. This is not the type of environment which will reward investors in interest-sensitive Spanish and Latin American banks.
What should I BUY or SELL now?
Stocks mentioned in this alert include:
Best wishes and happy trading! + Rudy Martin
