This how inflation looks like!Source: www.fintag.com
A few comments from personal view - as per usual not predictive powers..comments more than welcome:
IF.. the LEH(http://www.nakedcapitalism.com/2008/06/so-how-did-lehman-delever-not-very.html) story on how they off-loaded asset to "vehicles" is true it could be major catalyst on biggest story this p.m - too big too fail has been said too often -- look how major australian outfit Backcock & Brown going down and fast!.....Bear etc.. I was around in Chase in early 1990s..not nice!!!!!
- Small caps & banks getting killed in europe
- mortgage spreads widening
- Germany vs P.I.G.S widening
- US authorities on massive REGULATION CRUSADE.....
- Inflation totally misunderstood as it come "sailing in" from Asia not induced from US (if you ignore BB and Greenspan feeding frenzy)
- This is globalisation negative
- Central bankers left with no credibillity
- Main bulk of input to US economy spent in Q2- meaning Q3 going to get worse..
- Yield curve inverted in Europe - killing banking models....
- Market cant rally even on good Goldman number plus falling crude prices!
- Market is scared... v. scared.. small investors losing a lot of money--- and on the ready to bail out
Maybe we are all waiting in-vain for the bounce to go net MASSIVE short... I don't know, but this is beginning to feel like 1992 early month before the ERM broke down - we all know the trades, now finesing the entry points---- maybe we are already too late?
7 comments:
To the owner of this blog, how far youve come?You were a great blogger.
The nice thing with this blog is, its very awsome when it comes to there topic.
Well done for this wonderful blog.
Thanks to the owner of this blog. Ive enjoyed reading this topic.
Well for me its better to be more realistic.
Damu pa kmu to?.. Nano ni klase blog man?
great reading.. miss it while you were gone... i am still your biggest fan Nicu nh@n1fund.com
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