BBC Says Merkel Says Greece Will Default [View article]
There are some surprisingly good things in here...I have to admit that although I've only been watching the markets closely for about 18 months or so, when I read the SA name for this link I thought "Duh, I knew that a default was coming a long time ago?!?" :) or should it be :(
Brent crude falls off 1% and WTI crude trims 0.6%, seemingly oblivious to a little more squawking from Iran's navy chief about how "easy" it would be for the nation to block the Strait of Hormuz. (previous) [View news story]
It would also be "easy" for me to steal a car....it's the consequences that get you! :P
Reuters reports 9 countries have joined the 17 eurozone countries in drafting a new treaty for fiscal union. That makes 26, leaving the U.K. as the only opt-out for now. It's important to realize 26 European parliaments/populaces have yet to have their say. [View news story]
of course, David...we should sit down and shut up while the Central Bankers fix everything! :)
Except that the European solution has been met with a giant yawn from the credit markets...making the rescue plan insufficient faster than it could be implemented. (Although our equity market maybe getting fatigued with the story.)
BBC Says Merkel Says Greece Will Default [View article]
Brent crude falls off 1% and WTI crude trims 0.6%, seemingly oblivious to a little more squawking from Iran's navy chief about how "easy" it would be for the nation to block the Strait of Hormuz. (previous) [View news story]
Reuters reports 9 countries have joined the 17 eurozone countries in drafting a new treaty for fiscal union. That makes 26, leaving the U.K. as the only opt-out for now. It's important to realize 26 European parliaments/populaces have yet to have their say. [View news story]
Assessing Market Risk [View article]