The EUR, Fusion or Fission?
Friday, 19 August 2011 | 8:01 am
Anyone hopeful for fiscal union in the EU should recall the 1992 Treaty on European Union, also called the Maastricht Treaty.
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The Current Recession and QE3. Why QE Faces Severe Diminishing Marginal Returns
Wednesday, 10 August 2011 | 5:29 am
Some Thoughts about Quantitative Easing The crisis of 2008 was precipitated by the realization that debt levels in the economy had become acutely excessive. In a short space of time, investors lost faith in banks and one another, suspecting that their respective counterparties had excessive exposure to the debt that had been created.
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An Alternative(s) View
Saturday, 06 August 2011 | 6:08 am
In the current volatility, and don’t expect this to be a linear race to the bottom, there will be significant countertrend rallies, its easy to lose sight of the big picture. – the boom experienced from 2002-2007 was fed by low interest rates, rising housing markets, and unprecedented credit creation on the back of rising
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What Hit Me?
Friday, 05 August 2011 | 5:32 am
Following the sharp declines in equity markets globally I thought I would reflect on how one should react. The fact is, you should have sold on July 15 and gone on holiday.
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Strategy Update Aug 2011
Wednesday, 03 August 2011 | 1:34 am
You may recall my view in 1Q that the US economy was already in recession at the time.
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