A blog that covers Politics, finance, economics, and science. Perspective is conservative in the non-social sense, but not dogmatically so. Maintained by the Chief Technology Officer of a large Hedge Fund
Tuesday, July 12, 2011
WSJ ARTICLE ON REGIONAL SPANISH BUDGET GAP
There is a negative WSJ article this morning stating that the new leader of the La Mancha region is saying that it has a budget deficit more than twice as large as previously thought raising new concerns over the true state of regional finances and helping to send Spanish sovereign CDS wider.