Seeking Alpha
  • Michael A. Gayed, CFA
    With Italy (EWI) and Spain (EWP) now above 6% yields, are we headed for a major panic soon? I believe Melt-Up has been short-circuited.
    11/14/11
    Reply (11)
    • campusglass: YOURE BACK!!!!
      11/14/11
    • dieuwer: I believe the ECB will monetize Spain and Italy debt. The ITALIAN Draghi will NOT disappoint the ITALIAN Monti.
      11/14/11
    • realornot: Dear Mr. Gayed: Glad to see you. You are now so famous and so center-folded everywhere on web pages.
      11/14/11
    • dieuwer: We could get a "Melt-Down", but then QE-3 would be implemented immediately. That in turn would punish the dollar and raise risk-assets.
      11/14/11
    • Michael A. Gayed, CFA: I don't know if that's a good thing or a bad thing.
      11/14/11
    • dieuwer: Ain't no "good" or "bad" in the investment world. You can make money during a depression as well as during hyperinflation.
      11/14/11
    • Michael A. Gayed, CFA: The issue with QE3 is if if would be enough. May need to start thinking of Trillions, not Billions.
      11/14/11
    • Michael A. Gayed, CFA: Ha! "Melt-Up" or "Summer-Crash"? I got a new one coming soon - only because its fun coming up with catchy titled and backing it up.
      11/14/11
    • dieuwer: I have some catchy titles for you: "Winter-Washout" or "Winter Winners", "Winter Wall of Worry", etc.
      11/15/11
    • Michael A. Gayed, CFA: Can I hire you dieuwer? :)
      11/15/11
    • dieuwer: lol... it is actually more fun to do something for free. No pressure and such.
      11/15/11