ECB today made clear, that there is NO CHANCE for a rate cut … Due to the current inflation picture, most of the ECB council members see a case for a RATE HIKE … Trichet sees the possibility for a JULY “small” rate hike … So … this means NO MORE RATE CUTS … neither [...]

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 [...]

After only one week into Q2, markets look tired … First earnings, which came in, really couldn’t excite traders or investors. European equities getting sold on UK figures and a “NO CUT” rate outlook for main Europe. US equities already under pressure as buying runs out … and that even before having tested the decisive [...]

Today he again showed what kind of guy he is … or has to be If he was a doctor, what would you think of him? He never tells you the truth about your illness, tells you, you don’t need medicine and cure first … then prescribes medicine, everybody knows has side effects … even [...]

Not always … unfortunately … but Bear Stearns’s vulture popped up today B(rainless)S(hameless)C(riminal) CEO Alan Schwartz was on CNBC LESS(!!!) than 48 hours ago stating that EVERYTHING was ok … And now the Company is close to being history … WHAT A JOKE … I hope this guy gets prison time and no parachute as [...]

Ben Bernanke prescribed medicine … but starts end of month only. Whatever these funny puppets do … TOO LATE and NOT ENOUGH!!! DOOMED TO FAIL … A pop at the open and selling off again … all the bounces create opportunities … TO SELL As long as there is NO STRUCTURAL CHANGE, there is no [...]

This Friday is Payroll Friday … D-Day for the markets Big move ahead!!! Market seems to be finally ready to fall apart … but will it happen? Dollar on record LOWS, Gold, Oil on record HIGHS … equities close to the edge … S&P making a new 52-week-closing low. Charts say SELL … Fundamentals say [...]

I have to admit it … this guy makes me sick … ALL data point to a recession … and not a shallow and short one … and inflation is rising every day … But Bernanke does not admit it … continues with dangerous and useless rate cuts … only as he fears that bad [...]