Cara Community |
| Tables & Charts for Monday, Dec 12th, 2011 Posted: 12 Dec 2011 09:03 PM PST |
| Bill Cara's Blog for Dec 12, 2011 Posted: 12 Dec 2011 04:00 AM PST CTA Trading Desk Morning Report Humungous Bank & Broker (HB&B) refuses to take the hit on their badly managed European sovereign debt investments. They are pointing to the ECB to monetize the debts and the ECB and the politicians in Germany are telling them to face up to their problems. So HB&B is selling more bonds today, widening the spreads and causing a lot of pain for countries like Italy and Greece that need time to work through their problems. |
| You are subscribed to email updates from Cara Community To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google Inc., 20 West Kinzie, Chicago IL USA 60610 | |
.
0 comments:
Post a Comment