Monthly Archives: November 2011

PBOC a quick mover

China announcing a slight loosening in monetary policy: After Asian markets closed, the People’s Bank of China announced that reserve ratios were being cut by 50 basis points, from 21.5% to 21.0%. The move was somewhat of a surprise and … Continue reading

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Fed & other CBs intervene to ease Europe credit crisis – You knew this was coming, right?

From the FT: Fed leads co-ordinated central bank move The US Federal Reserve has slashed the rate it charges other central banks for access to dollars in an effort to counter a deepening credit squeeze in the eurozone that threatens … Continue reading

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Skype error 2738 SOLVED!

I don’t know how I became the IT guy for my extended family, but it pretty much sucks. Latest case, my (elderly-ish) parents had a problem with Skype. I don’t use use VOIP at all (barely use a cell phone), … Continue reading

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Buy the blowtorch to belly bounce? (alliteration special!)

ES is up from Friday’s close on lots of positive talk out of Europe. It appears the crisis is approaching , ummm, crisis point … and solutions are now being seriously considered. Of course, could all be rumours and new … Continue reading

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Liquidity squeeze – central bank intervention options

I’ve posted a couple of times now about tightening liquidity in Europe. Lest I be confused with a panic-sowing perma-bear let me briefly post once again on what the authorities (The Fed and other central banks) are doing, and can … Continue reading

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Liquidity conditions still tightening – somethings gotta give

Something’s gotta give. Euro area liquidity is scarce (understatement). Liquidity cannot continue to tighten like it is doing and the S&P500 not suffer. But if the S&P500 doesn’t encounter a sell-off then it really is extremely well bid and will … Continue reading

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S&P500 to go much, much higher?

I posted this prior to the open: Liquidity indicators keep on tightening though. I pre-empted this article from Felix Salmon by a good few hours! But, of course, Salmon’s article is much, much better (goes without saying, really). It is … Continue reading

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