The Top Ten Stocks for Feb. 24

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Feb. 24 (Bloomberg) –- Bloomberg’s Trish Regan, Matt Miller and Julie Hyman report on today’s ten most important stocks including Humana, Blackberry and eBay. (Source: Bloomberg)


The passing of hugo chavez and the vacuum to fill that was going to be problematic, but now you have great protests that are causing unrest and death.


What do the people want?

Well, the people who want answers to food shortages and medicine shortages and crime, and there are things that prevent a lot of the basic goods that people need, a shortage of 28%, which means basically at any time, one out of every your goods is not on the shelves.

When you part -- start putting price ceilings and floors around goods, it causes things like inflation and scarcity, and this is what we are seeing.

And then installation.

They have always had problems.

Basically, they had so much oil, and it had gone up so much that he was able to provide his people with so many basic comforts.

And now, the company -- country needs to have a toilet paper factory.

It has come to that.

They are blaming, effectively, americans, the yankees for all of the problems they have their.

This is a continuation of the rhetoric of hugo chavez.

And some believe it is going further.

Perhaps in some ways he needs to do that.

You think how hugo chavez had been put up on this massive pedestal.

People either really worshiped him, and in some cases, they really hated him.

Others saw him as their guide.

For maduro to come in, he had to have the personality of a hugo chavez, which he does not have, perhaps that is what we are seeing or hearing, the rhetoric.

I think the rhetoric only go so far.

You have to be able to eat and buy things.

Inflation is over 35%. it needs to depreciate.

The reserves are running down, and basically, the venezuela has to choose between servicing their debt and importing me foodstuffs they need.

Either way, it is going to be problematic for the markets.

Debt is yielding 18%. it is much more likely you will hear news of a default out of venezuela, and keep in mind if the markets slow, oil prices fall, and then you have places like venezuela and russia that have significant problems.

You have to ask, what is this going to mean for the region?

Is this a good thing?

Maybe it will dampen some of the and vsm for some of the leftist policies?

A reason for things to be ok here, because the situation sounds awful, but you say there is optimism for a political fix.

What is it?

Actually, today, the government passed a new law, which is a third system of currency purchases, which is supposed to be a little bit more market friendly.

The details are yet to come, but right now, a lot of investors

This text has been automatically generated. It may not be 100% accurate.


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