Some quotes 21st of february
Martin Wolf, “Those who believe the eurozone’s trials are now behind it must assume either an extraordinary economic turnaround or a willingness of those trapped in deep recessions to soldier on, year after grim year. Neither assumption seems at all plausible.”Gary Savage,
So does anyone really believe that the Fed has any intention of
slowing down QE any time in the near future?
Well maybe the stock market temporarily does… just long enough for
stocks to drop down into a daily cycle low and create enough of a panic (right
in front of the sequestration deadline) so that the Fed can enlarge QE rather
than shrink it.
At this point I think that the stock market probably put in its daily
cycle top yesterday. However, it’s already very late in the cycle at day 34, so
I would expect this to run its course rather quickly, probably ending when
politicians kick the sequestration can down the road by the end of the
month.
From a friend,
News regarding the economy
are coming from the ministry of Foreign Affairs because the economy is a
foreign affair to this government’
It
concerned Laurent Fabius, ex minister of finance and current minister of
foreign affairs, oddly enough he has been making announcements to the press
with regards to GDP growth forecasts.
Share story
0 comentários: