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Jan 30, 12 •
10654 Views •
Market Commentaries •
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1 Comment
Ssshhh..whisper it quietly but that austerity “stuff” just isn’t working. You’d never have guessed it but only now, as for example Spain reverses into negative ‘growth’ and 51.5% of its young adults are unemployed, are the...
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Jan 30, 12 •
6636 Views •
Market Commentaries •
admin
1 Comment
There’s widespread industrial action in Belgium today as unions call a strike to mark today’s summit meeting. The general strike, Brussels’ first action in almost two decades, forced the authorities to shut the country’s rail network...
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Jan 27, 12 •
5053 Views •
Market Commentaries •
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2 Comments
Has Canada Gone Loonie, Are They Seriously Considering Replacing All Their Paper Currency With Plastic? There are many viral marketing campaigns on the web, most crash and burn. Others, such as the one my colleagues at FXCC towers are about to unleash, have a...
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Jan 27, 12 •
5060 Views •
Market Commentaries •
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Comments Off on A Whale Stranded Upon The Coast Of Europe
Edmund Burke, a British statesman and philosopher who lived from 1729-1797, once described Spain as “a whale stranded upon the coast of Europe”. That quote seems apt on the morning that desperately poor Spanish unemployment figures have been...
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Jan 26, 12 •
3629 Views •
Market Commentaries •
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Comments Off on If Helicopter Ben Flies Again We Needn't Fear Hyper Inflation
Many economists and market commentators fear that the US and other countries with large budget deficits (in their own floating rate currency) face hyperinflation if they; “continue to print their way out of the current problem”. Many also fear...
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Jan 26, 12 •
6964 Views •
Market Commentaries •
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1 Comment
The word “bankster” has been over used since the crash of 2008. In some respects, witnessing the unelected premiers of Greece and Italy turn the tables versus the banksters, is fascinating. To use the German word “schadenfreude” seems...
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Jan 26, 12 •
6209 Views •
Market Commentaries •
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Comments Off on When You’re Born You Get A Ticket To The Freak Show
When You’re Born You Get A Ticket To The Freak Show. When You’re Born In America, You Get A Front Row Seat “The real reason that we can’t have the Ten Commandments in a courthouse: You cannot post ‘Thou shalt not steal,’...
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Jan 25, 12 •
4721 Views •
Market Commentaries •
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Comments Off on The UK Economy Edges Closer To A Double Dip Recession
The British economy shrank by 0.2% in the fourth quarter of 2011, according to official ONS figures, edging closer to a recession (defined in the UK and Europe as two or more consecutive quarters of contraction). This is worse than economists expected, having...
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Jan 24, 12 •
4071 Views •
Market Commentaries •
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Comments Off on Greek & Euro Ministers Play Game Of Show & Tell With Private Bondholders
Following yesterday’s meetings in Brussels, Greek ministers have insisted that banks must accept a lower interest rate on the new Greek bonds that they will receive as part of the ‘swap’ deal. The 4% coupon demanded by the Institute of...
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Jan 23, 12 •
4026 Views •
Market Commentaries •
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Comments Off on Is The Greek Debt Swap Deal Really On A Knife Edge?
There appears to be an element within the press that wants to over egg this pudding for all it’s worth, can they simply not let go of the potential for drama? Search as hard as you can there doesn’t appear to have been any recorded systemic change...
