17 Scary Numbers From the First Quarter
Returns might have been impressive in the first quarter, but there were plenty of other discomforting numbers during the first three months of the year.
Investors opening up their first-quarter brokerage statements might not find anything too scary. The market posted impressive gains in the first part of 2012. But that doesn't mean there weren't plenty of disconcerting numbers out there. Here are 17 that jumped out at me.
21%: Yield of the new 10-year Greek bonds. It seems that even after the massive write-down in debt, the market remains incredibly skeptical that Greece isn't going to have to go back to the bailout well again.
-0.4%: The Organization for Economic Cooperation and Development estimate for gross domestic product growth in Germany, France, and Italy in the first quarter of 2012. Not the kind of robust growth the core of the eurozone needs to power through the crisis.
Bearemy Glaser does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.