A week in politics is often described as a long time, perhaps “the markets” have forgotten Standard & Poor’s ‘form’ were downgrades are concerned. Following its earthquake downgrade of the United States’ sovereign debt rating from AAA to AA+ on August 5, Standard & Poor’s downgraded several major U.S. and European banks in the final […]
Why Standard and Poor's Have Done The Eurozone A Favour Read More »
In computer security, AAA commonly stands for authentication, authorization and accounting. The American Anthropological Association (AAA) also share the same initials. “Triple A” has now entered our daily lexicon and as a reference to ‘credit ratings’ it’s been quickly absorbed by the masses given its ease of interpretation. Most of us quickly redress to and reference our
AAA Protocol Commonly Stands For; Authentication, Authorisation and Accounting Read More »
It's accepted wisdom within our forex trading community that in order to become successful and consistently profitable forex traders need to completely re-configure their 'personal hard-drive'. As part of this de-fragging exercise traders need to dramatically reorganise both their belief and their reward systems. Retail traders will arrive at trading from diverse occupations, the likelihood
“Elsa Fornero in Lacrime” was the short headline in many Italian newspapers and online publications this morning. As the scope and damage of the new austerity autocracy was finally revealed by the unelected technocrats in Italy on Sunday evening a minister was left in tears. Now powerless to stop the relentless invisible hand of the
“When you woke up this morning everything you had was gone. By half past ten your head was going ding-dong. Ringing like a bell from your head down to your toes, like a voice telling you there was something you should know. “Last night you were flying but today you’re so low – ain’t it
“When you woke up this morning everything you had was gone. By half past ten your head was going ding-dong. Ringing like a bell from your head down to your toes, like a voice telling you there was something you should know. “Last night you were flying but today you’re so low – ain’t it
Once all the global financial crisis ‘dust’ has settled and a brighter, harmonious global financial future begins to take shape, history may be kind to the German chancellor Angela Merkel. Steadfast and resolute she appears to be the only senior ministerial decision maker who has kept her head and dignity throughout the Eurozone debacle. Despite
'An unfortunate thing about this world is that the good habits are much easier to give up than the bad ones…" We published a frank admission by our losing trader earlier in the week. If readers recall the admission dated back to 2006 and revealed all the deadly 'trading sins' our trader had committed. So
I'm a Loser Baby Part 2 Read More »
The USA raised it’s debt ceiling by $2.1 trillion on August 1st 2011, from $14.3 to $16.4trillion. It’s taken four months to ‘burn’ through $800 billion and on current trajectory, with a burn rate of circa $200 billion a month, the new ceiling raise will be breached in late April 2012, it will have taken
Way To Go USA, The Debt Versus GDP Reaches 99.5% Read More »
Just how easy (or difficult) it is to ‘do business’ in a country is a subject many entrepreneurs and businesses have to consider if operating in or intending to operate overseas. This annual table and report is fascinating from two distinct perspectives. Those at the top of the list in terms of probity such as
Corruption Perceptions Index 2011 Read More »
