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RANsquawk European Morning Briefing - Stocks, Bonds, FX etc. – 06/08/10 (US Nonfarm Payrolls Special)
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We are all pooched, bitchez!
Interesting SP500 chart ...
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Interesting front page headline on the FT
“Barclays warns on break up of banks”
It states its executives are delivering thinly veiled threats so that they can maintain their investment business under their saving utility cushion.
Asked whether Barclays would move in the event of breakup Mr Varley was quoted
“We have planned carefully”
Now that banks are showing their teeth in Public will the anti – monetarist wing of the Tory party draw blood or are they a prisoner of their past actions or inactions.
Now may the time for the UK to use force against the city malcontents but maybe it is far too late for that.
There are certainly a lot of details like that to take into consideration.I read and understand the entire article and I really enjoyed it to be honest.
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