Monthly Archives: November 2012

Normal service shall resume in Dec!

On a brief break for a week but hopefully by the time I return the Eurozone and all its troubles will be over….. Probably a slim chance of that happening!! But I will cross my fingers and keep my eyes … Continue reading

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EU ministers set for showdown

Another Eurozone meeting today discussing the budget for the 2014-2020 period. Tensions are high amongst the Euro area leaders with rumours swirling around of Veto’s, alliances, disagreements, power struggles you name it. So far this week it has been another … Continue reading

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Sacre bleu

Last night France lost its triple A rating assigned to it by Moody’s the rating agency. Moody’s have moved French debt from the highest investment grade of Aaa to Aa1 which merely represents a “one notch downgrade.” This has been … Continue reading

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What a difference a day makes

After stock markets and risk assets in general took a pretty brutal beating last week, today has brought some relief so far. Last weeks general tone was investor nervousness surrounding issues such as the US fiscal cliff, potential tax increases … Continue reading

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More encouraging signs from Ireland- #COYBIG

Another good auction result for Ireland today: Just sold EU500mln in 3-month t-bills with a yield of .55% and the bid to cover ratio (demand) was strong at 4 times covered. Yield has fallen by 15bps from previous issuance. Good … Continue reading

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It can be done

Reading this article really gave me an uplift today and thought it was important to share. It tells the brief story of the Mayor of Thessaloniki in Greece and how his efforts to improve the city are in direct contrast … Continue reading

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Mixed bag

There is a bit out there for everyone today and not a lot going on. Overnight and the weekend we got news that Japan has had another bad quarter in terms of economic growth in that it dropped .9%, perhaps … Continue reading

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