- advertisements -
Merely a precursor or things to come across all sectors.
All macro-economic indicators point to demand contraction (except from .gov, internationally) and supply contraction. Ouch!
We are going to see an M&A wave like never before.
You don't need too many people to clear inventory.
Im just wondering is there any way to bet on these consolidations. Some nice profits could be made here.
Someone should post Paulson&Co holdings when they come out to see if he has taken a position in European banks betting on increased M&A activity. In lieu of recent losses his fund experienced, back-to-basics might be the best thing he could to right now; strategy-wise.
And it appears that this will be totally ignored by the markets today. Well boys, just another day living in a real time episode of The Twilight Zone. Except Hitchcock couldn't have written a more strange episode.....At this point the markets are so manipulated that all common sense and fundementals are thrown out the window as CNBC spews buy, buy, buy to the masses.
The USofA has shown the world that TBTF is the way to go. Free monetary support from tax payers. Mythic smoke and mirror accounting standards. Soon all El Gordo (The Spanish Christmas Lottery) future earning will prolly show up on the TBTF's balance sheet as earnings funneled to them by their friends in the Consejo de Ministros.
Is it possible to allow the insolvent banks to fail and not end up with TBTF survivors? It doesn't seem like the end result is different under either path.
The EURO breakout I suggested yesterday, has made its move ...
Tips: tips [ at ] zerohedge.com
General: info [ at ] zerohedge.com
Legal: legal [ at ] zerohedge.com
Advertising: ads [ at ] zerohedge.com
Abuse/Complaints: abuse [ at ] zerohedge.com
Advertise With Us
Make sure to read our "How To [Read/Tip Off] Zero Hedge Without Attracting The Interest Of [Human Resources/The Treasury/Black Helicopters]" Guide
How to report offensive comments
Notice on Racial Discrimination.