Posts Tagged ‘their’
Labour day is unofficially the end of the summer in the US financial markets, so, although the UK and Europe are returning to work (the rest of the world never stops working we know), in this vacuous state of current market theme it may be a case of “No, you go first.. No [...]
NEW YORK (CNNMoney.com) — President Obama says it’ll be put-up or shut-up time on cutting deficits soon enough.
Obama said on Sunday that he would deliver serious deficit reduction proposals next year. And when he does, those politicians who talk tough on debt simply to score votes will have to show their hand, he said.
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If They Don’t Own Gold, Don’t Trust Their Opinion on Gold
By Justice Litle, Editorial Director, Taipan Publishing Group
As an asset class, gold stirs the passions. Some folks love it, and others despise it. Be wary of those who will never own gold.
As I write this note to you on Friday, fingers flying [...]
So that’s why the European policy makers were so quiet… They were coming up with a cunning plan so cunning that their foot has fallen off. Yes indeed, the Germans appear to have followed Nursie’s brother’s plan and decided to trim their toenails with a scythe.
Merkel has gone “all in” on the scare function and [...]
The ECB and EU are getting a shout-out from Chicago Fed President Evans. Evans says that the European rescue package is “very aggressive and forceful”.
The package should mitigate stress to the worldwide financial system, Evans says.
Rest easy over the weekend then, I guess…
Futures Bets vs Euro hit new record highs, Pound, Yen shorts rise
By CountingPips.com
The latest COT data out on Friday showed that futures speculators have increased their long bets for the U.S. dollar as of May 4th, according to the Commitments of Traders (COT) data released on Friday by the Chicago Mercantile Exchange. The [...]
