Archive - Nov 7, 2011 - Blog entry
Germany at Its Rubicon
Submitted by testosteronepit on 11/07/2011 21:49 -0500No country is economically more dependent on the euro than export powerhouse Germany. But now that the euro extravaganza slammed into a mountain of debt, Germany finds itself at war—with itself.
How to Trade This Headline Driven Stock Market
Submitted by ilene on 11/07/2011 18:26 -0500This is a tough market to trade in, and I don’t want to get chopped around or do any heavy lifting.
Tyler Is Good In Uncovering BS, But I Will Not Be Outdone In Busting BS Bank Reporting - I Simply Refuse, Right BNP?
Submitted by Reggie Middleton on 11/07/2011 18:17 -0500Tyler is pretty sharp. He busted Morgan Stanley more than once. Reminds me of this tall handsome brother busting that big French bank playing hide the Sovereign Sausage...
Paul Volcker | Financial Reform: Unfinished Business
Submitted by rcwhalen on 11/07/2011 18:11 -0500"To the extent that a political judgment is made that particular circumstances require government support of the mortgage market, that support should be provided openly by a full-fledged government agency."
Gold and the Swissie
Submitted by Bruce Krasting on 11/07/2011 16:55 -0500The SNB is trashing the CHF again. Gold is the only winner.
Monday Market Madness - Berlusconi Does Hamlet
Submitted by ilene on 11/07/2011 16:47 -0500Welcome to Post-Information Age Investing!
Graham Summers’ Weekly Market Forecast (Back Into the Fire Edition)
Submitted by Phoenix Capital Research on 11/07/2011 16:29 -0500
Europe has now gone from a relatively small problem (Greece) to a HUGE problem (Italy). Greece is the 11th largest economy in Europe. Worldwide exposure to Greece's debt is roughly $280 billion. In contrast, Italy is the third largest economy in Europe and the third largest bond market in the WORLD. Global exposure to Italy’s debt is north of $800 billion. It’s already taken down one firm (MF Global), others are coming too.
When French bankers gorge on roasting PIIGS - OR - Can You Fool Everybody All Of The Time?
Submitted by Reggie Middleton on 11/07/2011 11:47 -0500BNP hasn't even BEGUN to solve it's problems. How many analysts where you keep your brokerage account warned you of BNP/other French banks' before they started going pop.
How many was that again???!!!
We're on the mend...barring another Greek tragedy
Submitted by Pivotfarm on 11/07/2011 08:08 -0500The global economy is showing signs of withstanding a European recession triggered by the debt debacle in Greece.
Retail Trader Positioning 7th November – Intervention what intervention?
Submitted by Pivotfarm on 11/07/2011 03:08 -0500
FX traders are gearing up to test Jun Azumi’s resolve to keep intervening in currency markets to weaken the yen from its postwar high.
While Japan’s Finance Minister directed the central bank on Oct. 31 to sell what analysts estimate was about 8 trillion yen ($102 billion), sending it down as much as 4.7 percent against the dollar, the move failed to increase volatility. Traders avoid currencies with increasing price swings because they boost the odds of sudden losses.
