“Too much of a good thing is wonderful”-Mae West
Finally, the market went down. Incredible as it seems, even I began to think the markets only went UP Fourteen consecutive pluses for the S&P. Whoda thunk it! Greece? No problem (exccept if you’re German.) Dubai? where is that? Spain,Italy, England? Don’t be a worrywart?And certainly, as long as yours truly remains in a disaster mode, you just KNOW the markets will pretend their is no such thing as bad news and work its way higher. (more…)
And what do I sound like a broken record about? Well, it’s my old mantra, “we have learned NOTHING from the past 18 months. But first, a word about the Greeks. (more…)
With apologies to the greatest band ever (The Beatles, of course), I punned the above title to remind all of us how we share the commonality of our ancestors and how this all comes back to that source of “frozen desire” as coined by James Buchan, ie MONEY. (more…)
The euro came under further pressure during foreign exchange trading this morning (February 16th) after EU finance ministers urged Greece to push through new fiscal control measures to prop up its economy. After a much anticipated meeting of finance ministers, Luxembourg’s prime minister Jean-Claude Juncker, who chaired the discussion, said that Greece would be given 30 days to introduce new controls to resolve its burgeoning debt crisis. However, he reiterated an earlier pledge that the EU would provide support for Greece if the markets threatened to rack the Greek economy.
“Summer Davos” in Asia
Annual Meeting of the New Champions 2010
Tianjin, People’s Republic of China 13-15 September
Driving Growth through Sustainability
The Annual Meeting of the New Champions, the “Summer Davos”, is the foremost global business gathering in Asia. Introduced in 2007, the Meeting is held in close collaboration with the People’s Republic of China and with the personal support of Premier Wen Jiabao. (more…)
