azogar Posted May 8, 2010 Share Posted May 8, 2010 the irish times take on it http://www.irishtimes.com/newspaper/finance/2010/0508/1224269950342.html so where does the ecb magic this 600 bill fom yet more debt for the european serf ? or printy printy? rock on! “We will defend the euro, whatever it takes,” European Commission President Jose Barroso told reporters early today after the leaders met in Brussels http://www.bloomberg.com/apps/news?pid=20601087&sid=ajq9UXE0UMkA&pos=1 we should know this coming week i reckon Quote Link to comment Share on other sites More sharing options...
R + R Posted May 8, 2010 Share Posted May 8, 2010 (edited) http://www.bloomberg.com/apps/news?pid=20601087&sid=ajq9UXE0UMkA&pos=1 we should know this coming week i reckon pestons thoughts on it http://www.bbc.co.uk/blogs/thereporters/robertpeston/2010/05/the_ecb_matters_more_than_cleg.html basically printy printy or a black black monday ock on! Edited May 8, 2010 by R + R Quote Link to comment Share on other sites More sharing options...
R + R Posted May 10, 2010 Share Posted May 10, 2010 so they are throwing 750 bill at it now http://www.independent.ie/business/european/european-leaders-agree-record-euro750bn-loan-package-2174185.html will it work ? and if it does where does those bad speculators turn their attentions? rock on! Quote Link to comment Share on other sites More sharing options...
azogar Posted May 10, 2010 Share Posted May 10, 2010 so they are throwing 750 bill at it now http://www.independent.ie/business/european/european-leaders-agree-record-euro750bn-loan-package-2174185.html will it work ? and if it does where does those bad speculators turn their attentions? rock on! Good question! Will we see some fatening up of the next swine before the kill? Quote Link to comment Share on other sites More sharing options...
getdoon_weebobby Posted May 10, 2010 Share Posted May 10, 2010 the lunatics really are running the asylum Quote Link to comment Share on other sites More sharing options...
azogar Posted May 10, 2010 Share Posted May 10, 2010 the lunatics really are running the asylum yep - the boat keeps getting pushed out but the tidal wave that will eventually bring it back will be bigger! imho, i think this re-flation trade could be with us well into the summer/autumn now till the next time...... Quote Link to comment Share on other sites More sharing options...
getdoon_weebobby Posted May 10, 2010 Share Posted May 10, 2010 yep - the boat keeps getting pushed out but the tidal wave that will eventually bring it back will be bigger! imho, i think this re-flation trade could be with us well into the summer/autumn now till the next time...... you could well be right. ftse up 5% . eurostoxx 50 was up 9.3% when i left work. whenever this new bubble that benanke has created bursts the downturn will be catastrophic . the ecb/fed/mpc are all a shower of sh1t Quote Link to comment Share on other sites More sharing options...
R + R Posted May 11, 2010 Share Posted May 11, 2010 just a large dose of aspirins no cure! http://www.independent.ie/opinion/analysis/emmet-oliver-rescue-package-will-only-mask-the-pain-not-cure-it-2174856.html rock on! Quote Link to comment Share on other sites More sharing options...
R + R Posted May 19, 2010 Share Posted May 19, 2010 spain having trouble shifting their ious http://www.irishtimes.com/newspaper/finance/2010/0519/1224270652962.html more printy printy? rock on! Quote Link to comment Share on other sites More sharing options...
Mrazik Posted May 30, 2010 Share Posted May 30, 2010 Interesting article from someone who I would view as a neo-liberal hawk: http://business.timesonline.co.uk/tol/business/columnists/article7140122.ece This bit jumped out at me: "The Federal Deposit Insurance Corporation’s list of “problem” banks now runs to 775 institutions, some 10% of the American industry, compared with 252 at the end of 2008. This is in addition to the 72 banks that regulators have closed so far this year, and the 237 that have failed since the beginning of 2008. These mostly smaller banks have taken on property loans that are unlikely to be repaid in full." Quote Link to comment Share on other sites More sharing options...
azogar Posted June 3, 2010 Share Posted June 3, 2010 http://ftalphaville.ft.com/blog/2010/06/03/250496/the-loss-of-central-bank-credibility-the-coming-inflation-by-most/ Quote Link to comment Share on other sites More sharing options...
R + R Posted June 10, 2010 Share Posted June 10, 2010 could jimbo be right? http://www.cnbc.com/id/37593203 rock on! Quote Link to comment Share on other sites More sharing options...
getdoon_weebobby Posted June 10, 2010 Share Posted June 10, 2010 could jimbo be right? http://www.cnbc.com/id/37593203 rock on! i like to be a contrarian , but eurozone has a lot of problems. ive been saying fair euro v £ value is 1.20-1.25 for ages so not sure. if anything the £ looks good but it depends if the govt are just talk or do walk the walk and really do follow the canadian model for cuts Quote Link to comment Share on other sites More sharing options...
R + R Posted June 10, 2010 Share Posted June 10, 2010 i like to be a contrarian , but eurozone has a lot of problems. ive been saying fair euro v £ value is 1.20-1.25 for ages so not sure. if anything the £ looks good but it depends if the govt are just talk or do walk the walk and really do follow the canadian model for cuts our unelected president says they will do more if they have to! can they do enough ? will the markets believe them? http://www.independent.ie/business/european/eu-to-expand-rescue-if-package-fails-van-rompuy-2215412.html rock on! Quote Link to comment Share on other sites More sharing options...
azogar Posted June 12, 2010 Share Posted June 12, 2010 Anglo-Australian firms BHP Billiton Ltd and Rio Tinto Ltd have told Japan's steelmakers that they want to raise iron ore prices by 22-23 per cent in July-September from the previous quarter, a source said. http://www.businessspectator.com.au/bs.nsf/Article/UPDATE-1-BHP-Billiton-Rio-Tinto-to-hike-iron-ore-p-67QCB?OpenDocument Quote Link to comment Share on other sites More sharing options...
azogar Posted June 13, 2010 Share Posted June 13, 2010 (edited) uber time http://www.marketwatch.com/story/hyperinflation-could-happen-suddenly-2010-06-10 One reason for Shultz' skittishness: what he sees as the extraordinary precariousness of the world financial system.He writes: "We (collectively) are poised at a heart-stopping moment in economic times. On the one extreme side, the world is on the edge of massive deflation and depression. At the other extreme ... hyperinflation. My view is: Both these extremes are possible. Certainly deflation is, on balance, in play today and gaining ground as money supply is actually declining! Hyperinflation seems impossible when there is not much inflation in most economies. But ... hyperinflation is a monetary event, not an economic one, and will happen on an overnight basis, not via a general uptrend in inflation data." Edited June 13, 2010 by p.p. Quote Link to comment Share on other sites More sharing options...
R + R Posted June 17, 2010 Share Posted June 17, 2010 could jimbo be right? http://www.cnbc.com/id/37593203 rock on! the wall to wall morgage bank doesnt agree with jimbo http://www.independent.ie/business/european/euro-forecast-to-slump-below-80p-2223289.html rock on! Quote Link to comment Share on other sites More sharing options...
getdoon_weebobby Posted July 13, 2010 Share Posted July 13, 2010 http://www.hoisingtonmgt.com/pdf/HIM2010Q2NP.pdf good read on why the usa is fighting deflation Quote Link to comment Share on other sites More sharing options...
R + R Posted July 15, 2010 Share Posted July 15, 2010 think i posted a while back that wheat looked interesting along with all other commodities it had suffered the credit crunch blues but unlike the rest well apart from gas the price was still on the floor i reckoned that low price would increase consumption and a record breakin harvest for a third year in a row unlikely seems like mother nature is bein a bit of a b1tch at the mo price up 30% odd in a couple of weeks http://www.ft.com/cms/s/0/dd3bbe82-8ff8-11df-91b6-00144feab49a.html just the hot money chasing another dog? or a new round of food inflation about to hit the £ challenged consumer? rock on! Quote Link to comment Share on other sites More sharing options...
azogar Posted July 16, 2010 Share Posted July 16, 2010 inflation in india currently at 10% http://www.bbc.co.uk/news/10550690 Quote Link to comment Share on other sites More sharing options...
Mrazik Posted July 22, 2010 Share Posted July 22, 2010 Inflation via ConLib and Merv (it'll soon be time to dust off the old tin hat again ): http://www.economist.com/blogs/buttonwood/2010/07/governments_savers_and_inflation Quote Link to comment Share on other sites More sharing options...
azogar Posted August 17, 2010 Share Posted August 17, 2010 food inflation is coming to the fore at the moment (esp. wheat) but interestingly rice is on the decline: also: http://economictimes.indiatimes.com/articleshow/5946893.cms Food inflation may come down on rice price softeningThere could be some relief from the high food inflation soon as rice prices could begin to soften, putting pressure on wheat and other cereals to moderate. The low global demand and prices, large rice stocks, a ban on export of non-basmati rice, and good kharif prospects are expected to drive down local prices of rice. With limited options of profits through exports given the adverse global rice market, it is expected that rice prices will be pressured down for consumers in some weeks from now. Quote Link to comment Share on other sites More sharing options...
R + R Posted August 17, 2010 Share Posted August 17, 2010 food inflation is coming to the fore at the moment (esp. wheat) but interestingly rice is on the decline: also: http://economictimes.indiatimes.com/articleshow/5946893.cms may be a wee bit out of date pp the weather probs had not begun when artcle published rock on! Quote Link to comment Share on other sites More sharing options...
azogar Posted August 17, 2010 Share Posted August 17, 2010 may be a wee bit out of date pp the weather probs had not begun when artcle published rock on! aye - i noticed that too i guess i'm surprised because whereas the wholesale price has fallen since the 2008 spike, my grocery bill aint! Quote Link to comment Share on other sites More sharing options...
azogar Posted August 17, 2010 Share Posted August 17, 2010 Faber's GBD report here for free - you usually have to pay a packet for this..... I haven't read it yet so can't comment on the content http://www.leavittcapital.com/images/august%20report%20with%20prechterwater%20and%20richard%20lawrence%20artisle%20%282%29.pdf Quote Link to comment Share on other sites More sharing options...
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