The Banking and Strategy Initiative

Chillin' out till it needs to be funded

Tag Archives: European Union

US Week ahead: Greece may yet be undecided, FOMC, Housing Starts and that dropping PMI

Trade Balance data from Italy dropped $0.7B to a few millions in deficit as the Export markets in EU have held on month but are down 5% for the year … Continue reading

June 15, 2012

European Sovereign Debt Crisis: How elegant will this simple solution look after Europe gets it! | Inside Europe’s Mind

Germany’s protestations have shifted to the threat of a “fiscal union” with as many terms and conditions as possible on the budgets of member countries and frequent inspections and veto … Continue reading

June 12, 2012

Mid Market Commentary (Spanish Bailout?) – Euro breaks down in a sweat

As the conditions of the EU became clear after the market open, commodities responded in kind to the fracture of the Euro with a sudden risk off that plunged nascent … Continue reading

June 11, 2012

US Economy: No QE but Oil’s finally moving to retail

Retail inventories finally moved into higher gear for Oil and distillates for the first time after March with utilization at refineries up to 91% for the week, up 8% from … Continue reading

June 6, 2012

US Economy: The Tuesday Services PMI scare

S&P’s latest analysis note suggest Greece indeed has a one in three chance of leaving the union as almost commonplace but hitherto largely ignored data hich has yet been important … Continue reading

June 5, 2012

Global Economics: A championship belt for the Euro and a pounding for the world

Of course the Euro will survive, even though German manufacturing and thus EU manufacturing indices are at an all time low falling to 45, even below China for the better … Continue reading

May 24, 2012

US Economy: And finally the Dow takes a chance (Of May data and market correction)

With jobless claims coming down from a new 400,000 watermark in April and Existing home sales up 10% on last year ┬ábeing good data enough to not upset any further … Continue reading

May 22, 2012

US Economy: No Euro scares anymore, yet only production data is up

If you don’t understand the headlines of the daily morning report this week, you and I could be excused as the flux int he situation of march and April has … Continue reading

May 21, 2012

US Economy: Awry Euro claims could reward US investors, housing could recover

The day has started well with the Ira Sohn conference giving a lot of hope to ideas floating around in my head since that jump began last year, but then … Continue reading

May 17, 2012 · 1 Comment

US Economy: Euro nosedive gives Strength to US dollar, JP Morgan investors reaffirm faith.

Commodities continued their run down from last year’s “bubble” tops with silver and Copper losing a mile after the Chinese data. Things are complicated for europe even as Spanish banks … Continue reading

May 15, 2012