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Piigs Cds Spread Up 60% Today!

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Value 1,577.42 One-Year Chart for PIIGS (.GIPSI:IND)

Change 593.840 (60.375%)

Open 1,577.42

High 1,577.42

Low 1,577.42


No, that's not a stock. It's the CDS spreads on the PIIGS (composite), and is up an astounding 60% today.

It's over folks, despite the protests of BNP, which reacted in predictable fashion to a WSJ "opinion piece" this morning:

The bank denied it, of course, and the source "declines" to be named.

So what's the truth?

It's simple: We're all Greece.


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  • 337 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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