I wish you all some relaxing days … be careful …
May 1st is a holiday … monthend is up … FED meeting …
time for manipulation …
The facts IMHO:
Euro and Oil show first cracks …
Equities stuck due to ongoing credit crunch and housing crisis …
Bond insurers shoe in danger of dropping …
SEE YOU ALL BACK […]

Analysts are still way off getting the point in this crisis …
Ambac Q1 result was a net loss of $11.69 a share, versus net income of $2.02 a year earlier, the company said. Its operating loss in the latest quarter was $6.93 a share.
Ambac was expected to report a loss of $1.51 a […]

After a lot of ECB members reiterated their position, that in the current environment there is no interest rate cut possible and adequate …
Today a new quality was reached.
As we know, part of the communication of the ECB is to “leak” policy changes via so called “source-stories” in selected media channels …
Story of today:
ECB is […]

Another proof, that the U.S. manipulates and betrays whereever and whenever it is possible.
The N.Y. Times found out, that close to everything, we heard about the wars in Iraq and Afghanistan and out of the Pentagon from “independent experts” was MANIPULATED!!!
And we know … the financial markets are MANIPULATED as well … no doubt about […]

The UK “bailout” dissappoints …
as no US mortgage related assets will be accepted and the “haitcut” is bigger (30%) than expected …
so … April expiration done … what’s next?
As there is NO fundamental change … whatever the press tries to tell us …
We should see some selling now again …
It is still […]

Weekend ahead … time for weekly charts
Euro and OIL are working on a reversal today … EXACTLY at their targets …
Both had a nice uptrend, starting the second half of JULY 2007 …
the time, when everybody got aware of the huge problems within the financial system in the USA and this was the […]

Earnings season in full swing … and despite in numbers seeing a whole bunch of dissappointments …
The companies, which people were most nervous about, come in on the better end
Seemingly some expectations were/are that low, that it was/is hard to beat them on the lower end.
Financials and Techs leading …
Here […]

The Americans were only thinking about it …
The Bank of England might actually do it …
Today’s FT has the following …
“The credit crisis is so severe that dozens of smaller lenders could be forced to stop offering new mortgages unless the government intervenes, leading bankers told Gordon Brown on Tuesday.
The stark warning, issued […]