Posts Tagged ‘europe’
Are you ready for the tumble?
Looks like we may have a tumbling Dow opening that builds on the weak Friday and Asia backing a bit. Citigroup waving their 4.4 billion profit flag may but a brake on things but the Dow Jones 11000 milestone will probably be breached. On a sidenote – more than might yet have been entered into [...]
Greece gets help from EU in more trouble
EU is ready to support Geece with loans and guarantees such as from the German State-owned Development Bank Kreditanstalt fuer Wiederaufbau (KfW). Any support would come with strong conditions. Greek Prime Minister George Papandreou, who in recent days met with European politicians, declared in London on Friday evening that the Greek government is planning to [...]
Dow stumbles on expected Bernanke statements
Checking the live stats on the Dow shows a abrubt dip as Fed Cheairman Ben Bernanke starts to point towards a tighter monetary policy. We all knew it was comeing and so far the ractions are what you might expect. Bernanke´s statement comes at a time when a lot of factors are balancing on the [...]
