Monthly Archives: September 2011

Next Steps in Europe

The market is up mainly on some optimism about the Europeans leveraging their rescue fund and possibly due to re-balancing of portfolios at the end of the quarter where portfolio managers sell outperforming assets and buy under-performing assets. In the … Continue reading

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Global slowdown

The nature of the sell off over the last 2 days seems to be related more to worries of the economic slowdown spreading to emerging markets. The biggest indicator of that is a sharp fall in Copper over the last … Continue reading

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Deflation on the way

The MIT billion prices project is showing deflation in its monthly index as of end of August MIT Billion Prices Project Daily Index

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Operation Twist

The Federal Reserve Open Market Committee(FOMC) concluded its 2 day meeting today and here are the key takeaways from the announcement The FOMC now believes there are significant downside risks to the economy. The word “significant” was a change from … Continue reading

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Life support will continue for Greece

The market is rallying on the results of a conference call today between French President Sarkozy, German Chancellor Merkel and the Greek PM Papandreou. The joint statement¬† said that they are all unified in their commitment¬† to keep Greece a … Continue reading

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Articles on the Euro zone

Two very good articles on the European issues Germany’s Euro question – The Economist Time for Germany to make its fateful choice – Financial Times(may require subscription)  

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Jean Claude Trichet as Jack Nicholson

A Financial Times blog has a funny spoof of European Central Bank president Jean Claude Trichet’s Q&A session like Jack Nicholson’s final rant in the movie¬† A Few Good Men. The generally cool Mr. Trichet raised his voice a little … Continue reading

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