In a low-yield environment, there was a lot of interest in high-yield markets such as the Icelandic. But with yields on the rise in Europe and the U.S., we want to see a lot more quality before we feel comfortable investing, as high yields alone are no longer enough.
More Quotes from Lars Christensen:
This will give the government some breathing space and bring short-term relief to the market. Although we still have to find out what deals were made to bring about this vote, the zloty will rally on this news.Lars Christensen
We see a substantial risk of a financial crisis as an integral part of an Icelandic 2006-2007 recession. The funding squeeze of the banks will probably force them to reduce lending to domestic players, and force a sell off of external assets.
Lars Christensen
That's a very strong argument for reducing holdings out of Poland and politics might be the trigger.
Lars Christensen
People want to have an experience when they take a shower. They want to enjoy themselves in a standing spa. But they don't have the time to lay in a whirlpool for a half-hour.
Lars Christensen
The central bank is much more likely to tolerate a strong currency because of inflation. The market is speculating the koruna will gain.
Lars Christensen
Icelandic banks have effectively been shut out of global credit markets, and a credit crisis is just around the corner.
Lars Christensen
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Based on Topics: Environment Quotes, Investment QuotesBased on Keywords: high-yield, icelandic, low-yield
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