It’s time to take your profits on Ireland

Europe’s debt problems have now been ‘sorted’, reckon the bulls. Or at the very least, the eurozone is past the worst of its woes. And one European country in particular is bouncing back: Ireland. The country has enjoyed a good run over the past six months. The government’s borrowing costs have dropped a long way, and Irish stocks have surged. Sounds good. And indeed, we suggested you take advantage of Ireland’s bounce about six months ago. But don’t be fooled. This happy state of affairs can’t continue, unfortunately. It’s time to take your Irish profits. Here’s why.