Posts Tagged ‘must’
There was an interview on the BBC on Monday that has shocked not only those it intended to, but those it probably didn’t too.A young man purporting to be a “trader” appeared on BBC news being asked his opinion of the current crisis. The interview can be seen here:
Now whilst TMM are fully supportive of [...]
May gone. June arrives and, to be honest, TMM are baffled.
So far May 2011 has been uncannily like May 2010 and if we were to follow that roadmap we should soon be moving our attention from European woes to concerns over US growth, which steadily builds to deflation worries and more QE. So [...]
As they seem to have in UK and possibly euro zone.
Fed must take steps to offset high oil if signs emerge it having permanent impact on US economy
Investors should start demanding higher rates on US debt if fiscal authorities don’t get their act together
Must distinguish between Spain and other euro countries like Greece, Portugal
Believes markets [...]
Must be designed to avoid moral hazard
must be designed to reinforce sound fiscal policy
May give temporary aid under strict conditions
Should use appropriate range of instruments (Like buying our portfolio of crappy pig bonds)
Rates must adapt to new inflationary pressure
Debate on aid mechanism must end, must take action
EUR/USD is triggering stops above the 1.3850 level, trading as high as 1.3858 so far.
Imbalances within euro zone must be reduced to avoid future damage to the bloc
Decisive contribution must come from deficit countries
Undervalued currencies should make their foreign exchange rates more flexible
Sustainable fiscal policies are essential to monetary union
Monetary policy cannot be considered as a remedy for irresponsibility of other policies
Europe needs more stringent fiscal coordination, macroeconomic surveillance mechanism, robust crisis management
Sounds like a man running for the top spot at the ECB…
Bank of England policy-makers must ‘hold their nerve’ and leave interest rates at the current record low, according to a leading forecaster.
I’m with the Ernst & Young ITEM club, but it’s going to be a close call.
Bank of Italy head Mario Draghi says that to preserve financial stability, Italy must grow faster.
It is tough to repay debt without growth, Draghi warns.
Bond prices before the crisis did not reflect reality (too high) and they do not reflect reality now (too low) he says. ECB actions are designed to ensure there is no [...]
