Archive - May 13, 2010 - Blog entry
Is the World Heading Towards Parity?
Submitted by Leo Kolivakis on 05/13/2010 22:52 -0500As we "socialize debt", we risk seeing more drastic adjustments in currency markets, and the world could very well be heading towards parity.
Portugal's upcoming private debt problem
Submitted by Cheeky Bastard on 05/13/2010 22:50 -0500Portuguese National Statistics Institute reported yesterday that the average debt-to-equity percentage of Portuguese companies has reached a staggering 140%. In the economy which is now perceived as the next problem within EMU, such high average percentage of enterprise debt will not only have a big impact on Portuguese economy, but also on EMU in general.
China Roundtable with Robert Horrocks and Vitaliy Katsenelson
Submitted by Vitaliy Katsenelson on 05/13/2010 20:45 -0500Futures charts; May 14th
Submitted by Cheeky Bastard on 05/13/2010 18:42 -0500Futures charts + an open thread
The ECB is Living in "Weak Town"
Submitted by Bruce Krasting on 05/13/2010 17:32 -0500Random thoughts on the FX market.
The Bailout of Big American Banks Has Cost Trillions More Than We've Been Told
Submitted by George Washington on 05/13/2010 17:02 -0500Here's a partial list of ways in which we've REALLY been bailing out the behemoths.
Greece: The One Solution They All Ignore
Submitted by Econophile on 05/13/2010 16:42 -0500Why the euro-bailout won't work, what will happen when it fails, and what they should do about it.
That's Gold, Jerry! Gold!
Submitted by Chris Pavese on 05/13/2010 10:25 -0500Our friends at WJB shared these pictures with us earlier today. We’ve been smiling since. Interestingly, we saw a very similar sentiment set-up in September-October 2009, when we wrote "A Gold Mine is a Hole in the Ground with a Liar on Top."
PIIGSlets in a Bank: Another European Banks-at-Risk Actionable Research Note
Submitted by Reggie Middleton on 05/13/2010 06:31 -0500This is a European bank that is thoroughly insolvent, and this is without counting the fact that its sovereign debt holdings will probably drag it 3 fathoms below sea level, yet it is trading at one of the highest premiums in all of European bankdom!
