Kaminsky on Strategy Session yesterday said he heard that Greece may default this weekend. Maybe it's finally time. But I have been wondering about the meeting occuring in Poland. In January 2011 Poland and Czech Republic were anxious to join the EU but decided to bide their time, waiting for...
"His studies show that people with the best self-control are the ones who structure their lives so as to conserve willpower...Instead of counting on willpower to remain robust all day, they conserve it so that itâs available for emergencies and important decisions."
Great article. I am a...
IMO market players are looking for a cathartic bank failure to bring us to capitulation. I thought Soc Gen might be the sacrificial lamb but James Bullard was just on BNN saying that he doesn't see Europe allowing a bank to fail. He says that "too big to fail" and moral hazard is still a...