lol, the 'Anti-Bernanke', 'Damian' Trichet!
Trichet makes me laugh, do you ever watch the press conference live?
When do you see a cut coming, Q3?
BNB Anaytics and Trading Education has a new co-anchor on deck!
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lol, the 'Anti-Bernanke', 'Damian' Trichet!
Trichet makes me laugh, do you ever watch the press conference live?
When do you see a cut coming, Q3?
Honestly I think the ECB is concentrating too much on Germany and not enough on the problems of other countries. I think a cut is needed now. They're also big fans of a strong Euro countering inflation, but they fail to realize that promoting a strong Euro creates inflation in commodities through pushing down the dollar. Now, I know, I know. It's not the ECB's fault. It's the Fed's. But the ECB could curb inflation by weakening the Euro at the same time as they could assist with countries like Spain, Italy, France, Ireland, etc. But they won't.
So my original guess would have been to say Q2, but who knows if it'll really be Q3?
If the Fed cuts again at the end of April (and all indications are that they will), I think they signal that cuts are done. When they do, does profit taking kick in on a large scale? After all, currency and commodity movements tend to be directed towards the belief of where rates will go, not where they've gone thus far. That's all factored in already.
Thanks for your views, I tend to agree. Germany is the ECB's flagship and centre stage as far as policy making but are things that great, I don't think so. I was talking to a German estate agent the other day and he says house prices are on the edge of a precipice having dropped significantly already, plus the banking system is in the same position as the rest of the world, one small German bank went bust just the other day.
I can't see the Eurozone escaping unscathed while the rest of the economic world is in the poop. Surely the ECB recognize that so why won't they move, I just don't understand their logic.
Here in UK everything is about to hit the proverbial fan, property prices, credit squeeze, interest rates set to fall to 4% by year end, recession isn't out of the question. The MPC like the ECB is behind the curve in my limited opinion.
The US might be in a mess but we're all in the same boat.
What part of the world are you in Ivan? How are things there?
I can't see the Eurozone escaping unscathed while the rest of the economic world is in the poop. Surely the ECB recognize that so why won't they move, I just don't understand their logic.
Here in UK everything is about to hit the proverbial fan, property prices, credit squeeze, interest rates set to fall to 4% by year end, recession isn't out of the question. The MPC like the ECB is behind the curve in my limited opinion.
The US might be in a mess but we're all in the same boat.
What part of the world are you in Ivan? How are things there?
I'm living in the US, in New Jersey. Economy here is just fine, apart from energy and food prices. Jobs are plentiful in my industry, house prices have declined somewhat, but not much. There's a lot of uncertainty that I actually attribute more to the media than anything else.
These folks calling for the end of the world are a bit overdone.
I, too, think the ECB and BoE are a bit behind the curve. The BoE is probably better off, as they're cutting. The ECB is in for a rude awakening. It's just a question of when that will be. Markets being irrational longer than investors can tolerate them, etc. That sort of thing. We're certainly in "silly mode" today. Just depends how long we can sit there before the dam wall busts.
These folks calling for the end of the world are a bit overdone.
I, too, think the ECB and BoE are a bit behind the curve. The BoE is probably better off, as they're cutting. The ECB is in for a rude awakening. It's just a question of when that will be. Markets being irrational longer than investors can tolerate them, etc. That sort of thing. We're certainly in "silly mode" today. Just depends how long we can sit there before the dam wall busts.
We are looking for contributing authors to help grow the allenhobbs/michaelscott/carcanaques/BnB/Barry Kellner Wiki:
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Well folks-
I'm afraid there's some bad news. BnB apparently has cancelled allenhobbs' slot on the show due to underperformace.
Sources were unsure at press time, but to be kind, I assume the term "underperformance" is in reference to his recent blow up and weekend in jail, not any other personal matters.
In response to this breaking news, Magna has closed Allen's journal. Thank you Magna for allowing Allen his dignity by giving his journal such a merciful death.
************
On a side note, one can still find Allen lurking his old haunt, ET even though his journal is closed and his account is finis
I'm afraid there's some bad news. BnB apparently has cancelled allenhobbs' slot on the show due to underperformace.
Sources were unsure at press time, but to be kind, I assume the term "underperformance" is in reference to his recent blow up and weekend in jail, not any other personal matters.
In response to this breaking news, Magna has closed Allen's journal. Thank you Magna for allowing Allen his dignity by giving his journal such a merciful death.
************
On a side note, one can still find Allen lurking his old haunt, ET even though his journal is closed and his account is finis
Quote from Reaver:
Well folks-
I'm afraid there's some bad news. BnB apparently has cancelled allenhobbs' slot on the show due to underperformace.
Sources were unsure at press time, but to be kind, I assume the term "underperformance" is in reference to his recent blow up and weekend in jail, not any other personal matters.
In response to this breaking news, Magna has closed Allen's journal. Thank you Magna for allowing Allen his dignity by giving his journal such a merciful death.
************
On a side note, one can still find Allen lurking his old haunt, ET even though his journal is closed and his account is finis
Oh no-who the fuck we gonna pick on now?
He'll show up with a new username soon enough. He's a breeze to spot.
I think next time around though his mugshots get posted for real. You know, gotta up the ante a little- make sure he still wants to play the game.
Up to him.
P.S. How've your tranny escapades been going lately, bahdabing?
I think next time around though his mugshots get posted for real. You know, gotta up the ante a little- make sure he still wants to play the game.
Up to him.
P.S. How've your tranny escapades been going lately, bahdabing?
Quote from Reaver:
Well folks-
I'm afraid there's some bad news. BnB apparently has cancelled allenhobbs' slot on the show due to underperformace.
Sources were unsure at press time, but to be kind, I assume the term "underperformance" is in reference to his recent blow up and weekend in jail, not any other personal matters.
In response to this breaking news, Magna has closed Allen's journal. Thank you Magna for allowing Allen his dignity by giving his journal such a merciful death.
************
On a side note, one can still find Allen lurking his old haunt, ET even though his journal is closed and his account is finis
Man-0-Man this is terrible news. And just when I thought this was the worst I see that Jay "a.k.a. Spirit" has a pedophile arrest record. Damn!! >>http://www.genmay.com/showthread.php?t=780891&page=102
(scroll to middle of page and try not to laugh)