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Oct 3, 11 •
4352 Views •
Between the lines •
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Comments Off on China Whispers..then SHOUTS
China’s official news agency, Xinhua, has ridiculed U.S. lawmakers’ efforts to pressure Beijing over its currency policy insisting that the USA admin. is resorting to deflecting blame onto China for its own domestic economic malaise. “This has become a...
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Sep 30, 11 •
4227 Views •
Between the lines •
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Comments Off on Thunderbirds Are Go! International Rescue (the IMF) are Primed and Ready to Launch
It's so comforting to know that the 'lender of last resort' always has its priorities in the right place. On September 22nd, amongst the press releases issued from its headquarters in Washington, the IMF finally released the news that the markets,...
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Sep 30, 11 •
3390 Views •
Between the lines •
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Comments Off on US Consumer Comfort Index Down This Week
In a late rally US stocks climbed to end the day in positive territory. The SPX closed up 0.81% to be back in positive territory year on year. Whilst the markets expected a unified vote by the German government to be duly ratified disappointing consumer...
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Sep 30, 11 •
3984 Views •
Between the lines •
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Comments Off on Thunderbirds Are Go! International Rescue (the IMF) are Primed and Ready to Launch
It’s so comforting to know that the ‘lender of last resort’ always has its priorities in the right place. On September 22nd, amongst the press releases issued from its headquarters in Washington, the IMF finally released the news that the...
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Sep 29, 11 •
3571 Views •
Between the lines •
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Comments Off on “Love Letters Straight from the Heart” – of Greece’s Turmoil
Investors are wary as inspectors from the EU and IMF head to Greece in order to forensically scrutinize their revised austerity plans. German Chancellor Angela Merkel has her own issue, attempting to defuse a revolt within her own government ahead of the...
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Sep 27, 11 •
12930 Views •
Between the lines •
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Stocks retraced their earlier gains on Wall Street on Tuesday closing 1.33% up on the day having spent the majority of the day up circa 200 points or 2%. Despite the waves of optimism due to the various solutions floated by the official bodies in Euroland the...
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Sep 27, 11 •
3866 Views •
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Comments Off on The Zloty Loses its Slot
Please no laughing at the back of the class, the Polish currency, the zloty, is apparently falling out of favour with investors and speculators. Are you thinking what I’m thinking, that it’s a shame they didn’t ditch their sovereign currency in 2002 and...
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Sep 26, 11 •
3535 Views •
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Comments Off on Politicians, And Their Three Hats
So a nuclear physicist, a lawyer and a history student walk into a meeting..if you were expecting a joke, or an ending with a punchline, then I’m sorry to disappoint. The nuclear physicist is Ms. Merkel, the lawyer is Ms. Lagarde and the history student is...
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Sep 23, 11 •
3557 Views •
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Comments Off on The World is on the Eve of the Next Financial Crisis
U.S. stocks have slumped dramatically, the Dow Jones Industrial Average has suffered its biggest two day decline since November 2008 to finish the trading day 3.51% down. The investors’ concerns, that policy makers are running out of tools to avoid another...
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Sep 22, 11 •
4068 Views •
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Comments Off on Twist, Stick or Bust?
As predicted the Fed, in the form of Ben Bernanke, announced the next phase of the Fed’s policy in the latest attempt to hold off a double dip recession. Overall the narrative lacked the dynamism and the policy lacked the ingenuity many commentators were...
