The Greece financial crisis and the spiraling impact on other fellow members of the European union has led to the growing speculation of potential disintegration of the Euro currency. An estimated of 860 billion-euro debts total combined from all the European Union led by Greece is big financial dilemma that seems to have no solutions at the moment. Based on Bloomberg report the main reason caused this problem is the uncontrolled taxes and spending among some of the European Union country members which led to mounting debts. If the integration [...]
Posts Tagged ‘Bloomberg’
Why the Fed is Such a Lousy Wizard of Oz
Interesting article by Susan C. Walker – check it out! By Susan C. Walker, Elliott Wave InternationalSeptember 7, 2007 Central bankers who “follow the yellow brick road” end up in Jackson Hole, Wyoming, every Labor Day weekend for their annual symposium sponsored by – who else? – the Kansas City Fed. (Who can forget Judy Garland saying to her little dog, “Toto, I’ve got a feeling we’re not in Kansas anymore,” in the 1939 movie, The Wizard of Oz?) The Jackson Hole Resort serves as the Federal Reserve’s equivalent of [...]
Suddenly, It’s a Bleak Midwinter for Housing and Lending
If you’re wondering how the housing market collapse in the US will impact your favorite Central Banker (and interest rates), here’s an interesting article to help support your fundamental Forex analysis:***************************************Suddenly, It’s a Bleak Midwinter for Housing and LendingBy Susan C. Walker, Elliott Wave International January 7, 2008 In the bleak midwinter, Frosty wind made moan,Earth stood hard as iron, Water like a stone…(From “A Christmas Carol” by Christina Rossetti)Shawn Colvin sings a beautiful song based on this poem by Christina Rossetti, reminding us of the bleakness of midwinter. That [...]
Why the Fed is such a Lousy Wizard of Oz
Another interesting articles from my friends over at Elliottwave.********************************Why the Fed is Such a Lousy Wizard of OzBy Susan C. Walker, Elliott Wave InternationalSeptember 7, 2007 Central bankers who “follow the yellow brick road” end up in Jackson Hole, Wyoming, every Labor Day weekend for their annual symposium sponsored by – who else? – the Kansas City Fed. (Who can forget Judy Garland saying to her little dog, “Toto, I’ve got a feeling we’re not in Kansas anymore,” in the 1939 movie, The Wizard of Oz?) The Jackson Hole Resort [...]

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