Blog Archives

The Euro comes home (2012): How the Finns plan to influence the ennobled world!

The Swedes of course sweeten the pot for Economics and Life Sciences, Research in Physics and Chemistry and even subjects like Peace to bring their unique brand of influence on the World moving forward. The Finns in turn have created

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Posted in Amitonomics, Banking, European Sovereign Debt crisis, US

US Morning Report: Draghi says to take the high road, honey!

Here’s what happened. Someone punched in call credentials on a Conference Call to promise only those who take the high road will survive. Corny meatballs which dish out platitudes like, We’d hate to say we told you so! would hardly

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Posted in Amitonomics, Banking, European Sovereign Debt crisis, US

US Morning Report: Chinese want to buy Hawker Beechcraft, Bob Diamond does not want Barclays pay

Italy added 0.8% in Production on Month though still 6.9% down on year while France revised its may data downward to sho a net 3% degrowth on year and the British 1.2% growth in production on month could not stop

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Posted in Bailout Nation, Banking, European Sovereign Debt crisis, Global, US

Global Mid-Day Report: The Big winners are the Consumers again!

A mid day comeback on Wall Street is only too common this month as Europe scares but small islands of data that disappoint are covered by more qualitative improvements and despite some dud fireorks, the markets are keen to make

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Posted in Amitonomics, Banking, Emerging Markets, Private Equity, Retail Lifestyle, US

Global Moves: Draghi cuts ECB rate to 0.75%, US gets ready for Jobs report

The Dollar decline follows in Asia tomorrow after ECB cut rates and the Euro promptly breached 1.24 levels at the lower end before resuming tradin ga t 1.24 levels after the US market holiday on Wednesday. ECB had earlier refused

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Posted in Amitonomics, Retail Lifestyle, US

Global Mid-Day Report: Street catches Buzz, Crude and Gold hit the plate

Hardly a home run but a 6% jump set a few shorts on fire too in Crude as the easing of EU’s stalemate on ne funding still means a lot of uncertainty on the way easing will reach markets and

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Posted in Amitonomics, Europe, Financial Markets, Global, Healthcare, housing, Obamanomics, Retail Lifestyle, US

US Morning Report: EU Summit disposes of task at hand, Asia in the green

Global moves The Asia story led by India dominated Global markets in early trading and was significantly bolstered by various easing of conditions agreed at the summit by Angela Merkel. Germany suggested almost that all bailout funds be used interchangeably

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Posted in Amitonomics, Bailout Nation, Banking, European Sovereign Debt crisis, US

Global Mid-Day report: The last Republican Primary, the new Finance Minister in India and Eurobonds

  The new European Banking Authority Meanwhile EU President Van Rompuy comprehensively watered down his recommendations but still put together the report suggesting a tighter fiscal union as cover for the new banking union and recommended adopting the same within

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Posted in Amitonomics, Financial Markets, Global, India, US

Global moves: Euro zone sputters ahead of big data tomorrow

IMF weights for BRICs are rising this year to the Top 10 contributors as Eurozone trade surpluses and economic capacities tread declines with the finality of a two decade long restructuring. Trade surplus for the Eurozone was down 60% from

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Posted in Amitonomics, Bailout Nation, Europe, Global, US

US Week ahead: Greece may yet be undecided, FOMC, Housing Starts and that dropping PMI

Trade Balance data from Italy dropped $0.7B to a few millions in deficit as the Export markets in EU have held on month but are down 5% for the year from previous April. Imports fell 9.3% on year but were

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Posted in Amitonomics, European Sovereign Debt crisis, US