
In part, a disorderly outcome of the Greek crisis continues to be threatened. Italian bond yields and CDS prices have risen above Spain's.
Yet, ironically, credit online report Los Angeles earlier this week, Spain's central bank warned that its banking problems are bound to get worse The negative headlines are here and the tape bomb shows a failure to confirm the recent W-bottom, which has Andy Lees thinking about where the next stop is Greece sees default with 50pc haircut on debt - reports - credit online report Los Angeles Telegraph Greeces finance minister has told lawmakers he sees three scenarios credit online report Los Angeles to resolve the debt crisis, including one involving an orderly default with a 50pc haircut for bondholders, two Greek newspapers reported on Friday. (tags: greece default) Matt Stoller: Did Geithner Really Undermine Obama The question after the frightful period in 1907 was what to do to prevent another panic from causing a severe depression. Benjamin Strong, credit online report Los Angeles a senior executive at Bankers Trust and later the first President of the Federal Reserve Bank of New York, played a prominent credit online report Los Angeles role in the creation of the Fed and in its disastrous policy that led to the second Great Depression EUR/USD headed back below 1.347 as European stocks extend early morning losses; DAX down 2.7%. online credit reporting
G20 communiqué indicates that EZ actions to increase EFSF flexibility is likely; details remain light. Singapore’s inflation continued to surge in August; Poland retail sales beat market expectations Last week I excerpted from Herbert Hoover’s 1930 State of the Union address. This time I wanted to excerpt from the 1931 SOTU because the Credit Anstalt event had already happened, credit online report Los Angeles triggering retail deposit runs. Bank runs is something about which Mohamed El-Erian, the head of PIMCO, has recently expressed concerned because of credit online report Los Angeles the wholesale funding squeeze now ongoing in France. What caught my eye was where Hoover says “The situation largely arises from an unjustified lack of confidence.” This seems to be an almost verbatim copy of the sentiments Federal Reserve Chairman Bernanke expressed in Minneapolis just two weeks ago The earnings estimates on the SP must go credit online report Los Angeles down significantly. the credit report With the problems in Europe, and then the potential slow-down in China (after building more residential and commercial construction than presently needed) we would have to think that declining investment (debt) would be even more cause of concern.
In our opinion, the credit online report Los Angeles stock market is headed to much credit online report Los Angeles lower levels, and as we stated credit online report Los Angeles before, any upswing will not exceed the 1250 resistance level of the SP, and any rally should be sold At some point soon, maybe tomorrow, I will be writing an update to two posts: The Fake Recovery and The recession is over but the credit online report Los Angeles depression has just begun. The gist of those two posts is still operative and also very relevant, namely that the problems which created a global panic in 2008 are still with us waiting for economic weakness to reassert themselves. We are about at that point right now Don’t underestimate the power of printing money. 2009 European credit online report Los Angeles Bank Stress Test: It's not that 8 failed...but that 82 passed!! By Elliott Wave credit online report Los Angeles International The European Banking Authority announced Friday that 8 banks had failed their stress tests and 16 more had narrowly passed. credit report theft But the results drew much criticism from analysts, who said that the stress test is not strict enough...
Keine Kommentare:
Kommentar veröffentlichen