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Oct 6, 11 •
5328 Views •
Market Commentaries •
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Comments Off on No Tequila Sunrise for Those who Bet on the Peso versus the Dollar
Stocks have risen for a second day on Thursday as anticipation has grown that policymakers will finally take steps to support European banks under threat from the impact of a possible Greek default. German Chancellor Angela Merkel stated on Wednesday that...
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Oct 5, 11 •
6483 Views •
Market Commentaries •
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1 Comment
When the main markets began to ‘correct’ in late July – early August many sages and sock puppets were immediately let loose to ‘astroturf’ the airwaves, forums and usual suspect news broadcasts in order to soothe the masses with...
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Oct 4, 11 •
10696 Views •
Market Commentaries •
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3 Comments
As the USA gets prepared to bite the hand that feeds you have to wonder if they’ve really thought this through, or is this latest invented enemy simply a xenophobic ill timed swipe at anything ‘anti American’? When your country’s...
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Oct 3, 11 •
2671 Views •
Market Commentaries •
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Comments Off on USA FED Plays Show and Tell
The Federal Reserve Bank of New York will begin to question foreign banks for more thorough reports on their liquidity (and indirectly their solvency) as the U.S. steps up its risk monitoring of Europe’s sovereign debt crisis. Regulators have apparently...
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Sep 30, 11 •
7251 Views •
Market Commentaries •
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2 Comments
So many of the sacred cows of the investment world and financial boom appear to be getting slain lately that it’s becoming increasingly difficult to keep up. Australia appears to have recently lost its edge and shine and now New Zealand’s economic...
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Sep 30, 11 •
6389 Views •
Market Commentaries •
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1 Comment
As Spain suffered a general strike yesterday, in opposition to the severe austerity measures, once again the mainstream news outlets choose to largely ignore the protests. Buried deep amongst the torrent of news relating to the Eurozone crises, there is one...
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Sep 29, 11 •
11892 Views •
Market Commentaries •
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6 Comments
Not wanting to be left behind by various actors, pop stars and other members of the glitterati, the European Commission president Jose Barroso played his popular card in his EU address on Wednesday and lent his support to the zeitgeist of banker hatred by...
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Sep 29, 11 •
7413 Views •
Market Commentaries •
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2 Comments
The euro has reversed it’s overnight, early morning bearishness versus the major currencies to make strong gains ahead of two crucial meetings; the troika meeting to rubber stamp Greece’s next proportion of bailout funds and Angela Merkel’s...
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Sep 28, 11 •
6847 Views •
Market Commentaries •
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1 Comment
“Bread and Circuses” is regarded as a metaphor to explain the superficial means of appeasement. In politics the phrase is used when describing the synthetic creation of public approval. Not through exemplary public service and policy creation, but...
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Sep 28, 11 •
4736 Views •
Market Commentaries •
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Comments Off on Relief Rally Fades as the Reality Bites
It was inevitable that the very strong relief rally the markets enjoyed yesterday was unsustainable. Has there ever been a time in recent trading history were merely the mention of possible solutions by European policy makers can lead to such wild swings of...