European sovereign debt and US sovereign debt problems are both coming to a head and what happens soon is going to really affect how the market will react.
My guess: greece will have to do rollover default, which will cause bond prices for all PIIGS to skyrocket.
In any case, massive uncertainty in the market right now, hence reason for massive up and down swings. So...just staying not so exposed to market for now and just waiting it out till there's some clearer direction.
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