Will we now face the “financial tsunami” Deutsche Bank’s CEO Ackermann was warning us about? Or do the “betraying geniuses” have their work arounds ready? The news: Moody’s says it may cut Aaa ratings of Ambac, MBIA And the market does not fall … not yet??? Usually, if Moody’s cuts, it will be the second [...]

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 [...]

Are they aware that they lose their credibility? Ok, what happened today? On Payroll Friday? The day started out with losses in Asia and more problems on the credit markets. Some of the measure sticks of the liquidity problems as the ABX indices showed new record highs. So Europe started trading and falling and … [...]

As I find it quite difficult … and every day more … to be “in sync” with the way, US markets and US media reacts to news and events … I probably found the reason … I am not american A kind of optimism … let’s face it … even a blind optimism and still [...]

Message understood … “they” are really worried … Who is “they”? The FED, the Government, all the (investment) banks who fight for survival. They fight for every(!) single day, they can hold the markets up. This might end in desaster mode … Today’s news was: – Gulf investors see more capital needed to save Citibank [...]

It is getting funny … at least close to it … We already play the game … wait for a technical SELL signal … than try to guess the news/rumour, holding up the market But even the news/rumour doing it is getting less and less significant every day … desperate anybody??? Last 3 days were [...]

Monthend is close … AND QUARTEREND for some of the “finest” institutions on this planet Goldman Sachs, Lehman, Morgan Stanley and Bear Stearns all celebrate one more quarter of financial SURVIVAL My respect Hopefully the Ambac story came not too early for them … as most analysts already found out that it brings NO SOLUTION [...]

U.S. market action is becoming ridiculous … if you thought, this happens only in the 3rd World, read on Every(!) fundamental indicator shows it and every objective newswatcher knows, that we ARE IN RECESSION mode … everybody knows, that we ARE IN A CREDITCRUNCH, everybody knows, that STAGFLATION LOOMS … SO how do you hold [...]