Weekly Review And Upcoming Weekly Events Calendar

Tyler Durden's picture

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Goldenballs's picture

Every new week looks dodgier than the last.Comex on fire,QE2 imminent,who,s gonna bail out the bailer outers,Gold and Silver going up faster than a Saturn V Rocket.Anything can happen in a world living on the edge or in the case of the Government "Were busy doing nothing,working the whole day through,trying to find lots of things not to do........................ "

nirvana's picture

Indian markets within a kissing distance of ALL TIME HIGHS..

http://in.finance.yahoo.com/q/bc?s=^NSEI&t=5y&l=on&z=m&q=l&c=

Go bitchez go ..

bigdad06's picture

Very exciting week! Can't wait! WHEE!!!:))

tom's picture

Especially the Colombian central bank meeting.

Josephine29's picture

So Ireland is a problem but lets skate over that and concentrate on Spain...I notice poor old Portugal who is in trouble too does not even rate a mention.

 

Pass the Kool-Aid.

WAYBACK .....WAAAYYBAAAACKKK..O..MY..ITS OUTAHERE's picture

Tyler

Please reply to the questions regarding the timing and identity of the Irish bank assistance---your post had the wrong date and wrong bank?

Bolweevil's picture

"Harmonized tax" sounds so warm and cozy

Hunch Trader's picture

The market = front running the Fed. Other there isn't.

This is beyond sad.

 

Sucks_to_be_Smart's picture

Just wanted to chime in that these reviews/week ahead write ups are great!  Keep em coming from Goldman!  Short, sweet, to the point.  Everyone should already know which major indicators are coming out this week and every week, but I for one am not as good at tracking international economic data points and stories so this is great for me and i'm sure others as well!  Great early Monday read.  Thanks ZH!

ZackLo's picture

 Housing starts should be decent for august GOOD for september (everyone rushing to close the first time homebuyer tax credit)...then get ready for the bloodbath... I want to get my first house in january=)

Silverhog's picture

Ireland is stealing the show this week. I'm disappointed Spain is not trying hard enough. I was hoping to buy a Conde Hermanos guitar for $100 soon.

firstdivision's picture

...and futures are up on....what now?  Oh my bad, Ireland is imploding..again..and Portugal is looking like they are next to implode.  Wait, I forgot that the macro economy (China, India) looks great, yet the Baltic Dry rolled over and is falling.  Developed countries do not matter in the new economy, and from the looks of it, neither do developing countries.

 

This also gave me a chuckle this morning,

Yields on government bonds of Greece, Spain, Ireland and Portugalwill fall to within 2.2 percentage points of benchmark German bunds on average in the next two years from 4.61 percentage points last week, according to a Bloomberg News survey of 15 banks that trade directly with Germany’s debt agency. HSBC Holdings Plc, Europe’s largest bank by market value, Goldman Sachs Group Inc. and Societe Generale SA advise buying securities sold by Greece.

Bond dealers are confident that austerity measures will be enough to damp speculation the 16-nation currency union is in jeopardy of falling apart. Gross domestic product in the region will likely increase 1.7 percent this year instead of the 0.9 percent projected at the depth of the crisis in May, the European Commission said Sept. 13. Banks were given more time to raise capital levels to meet new regulations, reducing the likelihood they will need additional government aid.

http://www.bloomberg.com/news/2010-09-19/europe-debt-crisis-abating-as-government-traders-see-yield-spreads-narrow.html

Blano's picture

I'm kinda surprised ZH hasn't jumped on this one already.  If I missed it, sorry.  I found it quite chilling.

http://www.cnbc.com/id/39265847

 

Silverhog's picture

I read that this morning as well. That is one scary senerio. They might as well do your tax returns for you while their at it.

Grand Supercycle's picture

DOW weekly chart shows key resistance around 10,700

http://stockmarket618.wordpress.com