BREAKING NEWS: Groupon cancels IPO roadshow set for next week, reevaluating plans due to market volatility: report
SOURCE: Reuters.com
Comments »Greece Pledges to Step Up Austerity
Have We Entered a Black Hole ?
More On Switzerland’s Bet to Peg to the Euro
S&P Gives Higher Rating to Sub Prime Loans Over U.S. Treasuries
FLASH: Europe Pares Gains
FLASH: Kramer Says “Don’t Buy …We are not done yet “
Not even go to names like MCD or KO. quite a different tune form past weeks….
Looking for support @ q050-1075 S&P.
Gold is the only buy even up here…..
Comments »CIO of DBS: “Asia is in a new bear market”
Asia is only down 10-15% as opposed to Europe being down the classic 20+%. The U.S. and Canada has done the best as of late…
Comments »Carl Weinberg: “We fear a global economic depression—less severe in North America”
Default Swaps Between German and U.S. Government Bonds Widen to Largest Spread Since 2008
Greek Bonds Implode As Yields on the 2 Year Rise Above 51% and the 10 Year Rises Above 19%
Swiss France Peg to The Euro Will Help Prevent Defaults in Eastern Block Nations
Australia Holds Interest Rates Steady; Aussie and Kiwi Dollars Fall
Protests In Italy Halt Transportation and Production Across Italy; Austerity Plans Feared of Back Tracking
Influencing Events For This Weeks Trade
Roubini: Trichet Must Reverse This Years Rate Hike and Return to ZIRP
Deutsche Bank: “Prospects for the financial sector overall are rather limited,”
El-Erian Warns of a Meltdown for Tomorrow’s Trade
Essentially Europeans are mishandling their banking crisis with squabbles and a lack of conviction to fix the problems with decisive measures.
Comments »European Markets Implode on Expectations of Bailout Fatigue For Germany and France
Merkel got a reality check at a regional election and the Finns demanded collateral for participation in bailout participation.
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