Blog Archives

US Morning Report: ECB, China, Earnings all spell Doom and Gloom!

Of course Marc Faber left the shores to invest internationally long ago as a true capitalist, bu t US Market look to a glum week as more than one or two hints have already been dropped for a good shapely

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Posted in Amitonomics, Banking, Retail Lifestyle, US

US Economy: Italian trade surplus, US single family housing moves up

The Super Mario sdpeech in the European Parliament yesterday was a breath of Fresh ‘year’ as was the trade surplus for December at Eur 0.6 B after a smaller yet concrete deficit of 0.9 bln in November (adjusted) Th eunadjusted

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Posted in Financial Markets

European Banks Recapitalization: Splitting the Eurozone ( French vs German options )

Unfortunately or Fortunately for Merkel and Sarkozy, the markets are now focussed on their golden words emanating from the G20 weekend frustration. First GReece then Italy showed spunk in taking the money and running ahead without reform as laymen would

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Posted in Bailout Nation, Banking, European Sovereign Debt crisis, Financial Services, TARP

European Sovereign Debt Crisis: ECB drops principled stand, Trichet leaves

As expected Mario Draghi will carry on at ECB much in the vein of the Fed in the USA with Trichet’s last policy meeting before he leaves at the end of the month, delivering Liquidity support for the embattled European

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Posted in Banking, Financial Markets, Financial Services, Global