SubscribeFrench Yields Climb: S&P Takes Precautionary Action and Re-Affirms
November 10, 2011
Yes, France continues to be a concern. With the news that yields were spiking, you had to wonder if this is going to be another day of selling pressure that doesn’t let up.
To the rescue comes S&P! They re-affirmed the AAA rating for Read more
Checking in on Euro Risk Levels – Pointing in The Wrong Direction
November 10, 2011
Like we don’t know that there is trouble in the EuroZone without charts and tables. Unfortunately, there has been mounting problems that the ECB and other interested parties have attempted to conceal for some time. Now, the high level of rhetoric and low level of action is going to cost them.
Italy has now become the hotbed of concern as the countries key bond rate has surpassed the all important 7% level. As the country has a lack of leadership commitment to figuring out a solution to their growing deficit, bondholders are Read more
How About This For Volatility… Getting a Bit Crazy….
November 3, 2011
Germany’s DAX index is moving wildly with every rumor and comment regarding the EU bailout. Unfortunately, the swings are going to really hurt investor confidence for some time to come. Just take a look at the intra-day moves over the past few weeks.
Below is the ridiculous swings from today… First a 2% gap down on the open, 6% from bottom to top, then a Read more
MF Global – Corzine, The NEW Master of Disaster with 30X Leverage
November 1, 2011
Well, it has happened. Just when I thought that bankruptcy was no longer possible in modern civilization, MF Global goes down in flames.
How? Why? Who?
There is a good amount that is yet to be uncovered – like the hundreds of millions of dollars of client funds that have yet to be accounted for. We will save that for another day. For now, what we need to know is that Mr. Corzine thought it a good idea to use leverage to (a heap of it at that) to invest in some pretty speculative positions. His appearances on CNBC Read more
Who Owns The Greek Debt Anyway? A List of Banks and Institutions
October 18, 2011
Bloomberg has scrubbed through statements and reports to put together some of the top holders of Greek debt. If you were wondering who are the parties at most risk, here you have it.
This may not be the total parties that hold the debt as there are countries as Read more
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