The 100 day moving average of the dollar index has started moving up, and the 200 day isn’t far behind. This means futures based and
[Skip to the end] (email exchange) Yes, War! Race to the bottom! Whoever inflates the most wins! > > On Fri, Dec 19, 2008 at 2:26
[Skip to the end] Very interesting. Seems the ECB can use this facility to ‘replace’ lost deposits of any bank, which would seem to remove
[Skip to the end] As the Belgian bank giant Fortis collapses, citizens of that country appreciate the bonheur of belonging to the eurozone. Had it
[Skip to the end] Europe is even worse off than I thought. And it looks to me like the Fed’s loan (via swap lines) to
[Skip to the end] What has been announced by ECOFIN (European Council of Finance Ministers) today: Deposit insurance to be raised from a minimum of
[Skip to the end] What’s happening is the world desire to net accumulate euro financial assets has increased and can only be achieved by the
> > European demand for $ funding has increased and surpassed the US demand > Pat, this is most problematic as it indicates the eurozone is
(an interoffice email) I’m thinking they had to do something about the euro. the eurozone exporters can be very convincing warren On Feb 7, 2008