A long list of bad news
Turmoil in Europe and a Congressional supercommittee that's anything but super are taking a toll on global markets.
I just don't get it. The ECB certainly knew they were throwing away $11 billion on worthless bonds that would never be redeemed. Why did they do that?
I'm getting a bad feeling about all this.
The "Super" Committee of 6 Super Stupid Dems and 6 Super Stupid GOP has failed. I am a Republican but right now I think both parties are downright stupid.
Yesterday Silver Gold and Stocks all dropped. But I do know and it’s important to remember somebody is buying this stuff that others are selling!
And so now we know Congressional and Executive Staff cannot be prosecuted for insider transactions. So…what have they shorted in the last few days and is all this a contrived conspiracy? Are the Dems and GOP working together to destroy the Nation and enrich themselves?
Pardon me, James, but did I hear you call Mario Monti a 'slacker'....
as per the excerpt...
Italy’s bond yields were slightly higher at 6.72% because Mario Monti, Italy’s new prime minister of a week, had also failed to fix the Italian budget. The slacker.
Cut him some slack...he just got there.
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Tighter regulations and the end of a lengthy bull market in bonds have changed the landscape forever.
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