It is getting to the point, where you could laugh wholeheartedly if the situation would not be just too sad …
We face a major crisis in the biggest (still) economy on the planet. Stuffed with cheap dollars and recklessly low interest rates from Japan, everybody was happy to buy on credit, whatever it took, they […]
Tired market … no much push by the numbers … volume and dynamic today in the Bunds … as yesterday afternoon on the Trichet speech … so far in the Dax we have an inside day (Future) … ticked on the Cash the IMPORTANT 8010 level …
Traded only the short side … gave a bit […]
Situation:
U.S. Markets: PAYROLL FRIDAY … THE numbers of the numbers … squeeze went on yesterday as market bets on weak data despite strong ADP numbers … and despite the Govt. proposal on the “mortgage freeze” is so far even less than hot air, market seems to be sure that FED will cut rates … interesting […]
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