Euro to crash???
Sonntag, Februar 1st, 2009At least some Americans think so … The US$ might be terminally ill … but the disease spread already … Just read this article from BARRONS … If you are not scared, I can’t help you
At least some Americans think so … The US$ might be terminally ill … but the disease spread already … Just read this article from BARRONS … If you are not scared, I can’t help you
We had BULL markets in both … an UGLY overshooting in OIL … a nailing the top in EURO … Now a superb correction … TIME TO LOOK TO THE UPSIDE(!!!) again!!! Here is the post … 18th of APRIL 2008 Post 18.April 2008 Now … here the charts … and the explanation … First [...]
No change … bears are still in the market’s driver’s seat Lehman CDS settled … no big damage … but no bounce Another FED program to stabilize the market … no effect Why? – Still redemptions hit the hedge funds and others. – Deleveraging continues. – Emerging markets keep imploding … today Argentina. – Quarterly [...]
Bonds are selling off as June contracts are close to expire … WHY??? Inflation is ramping, credit crunch seems managable … so the Hedges are SOLD. And now the speculation starts … WHAT’s NEXT??? Interest rates HAVE TO RISE!!! Next step of FED and ECB will be UP … a rate HIKE!!! This is reflected [...]
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 [...]
Looking at Axel Weber’s comments, telling the world, that there is NO possibility of an ECB rate cut in current inflationary surroundings, yes, he is reliable, but who does remind him, that 1987 the German Bundesbank triggered the crash by hiking rates??? Sometimes you need flexibility Even worse in its long term implications could prove, [...]