Fast Money Portfolio: Outlook for Europe

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Tim Backshall, Capital Context founding partner, discusses the reality of the situation in Spain and Europe. A hard recession there will hit the U.S. hard. He advises investors to avoid broad equity exposure and to stay away from financials.

Melissa Lee anchors a fast-paced discussion among four professional Wall Street traders. An hour after the bell Fast Money hosts one of the best trading discussions of the day.

Video © and provided by CNBC.

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