Technical issues …
Unfortunately, I encounter since yesterday major electricity and internet outages 
Hope to be back up soon … thanks for bearing with me!
Today’s news … ALL negative …
- BoE sees inflation for several(!) quarters above target … risk for LOWER growth … recession possible.
- Moody’s again looking at bond insurers … BE AWARE!!!
- US foreclosures up 65% yoy … 4% mom …
- DAX cash AGAIN(!) not able to stay above 7080 … I’ m short, using this as a STOP on a 60mins. chart …
US CPI report due later … as well as earnings report for FRE
Take care!
Oli
Tags: BoE, bond insurers, DAX, housing, Moody's, outlook, Service Announcement
