This email is making the rounds and catching most traders' attention:From colleague: trader friend just hit me with the following: There is “Chatter” in the market of a Greek Default this Weekend - and their CDS is over 400 wider… Soc Gen is off 7% on exposure - German CDS more expensive than UK;s - despite the ballooning in the CDS prices for Lloyds and RBS.In other news, Reuters is reporting that Stark is about to retire; with announcement to come after the German market close according to sources. His potential departure is due to a conflict over ECB bond buying according to sources.Total chaos.Update: ES reaction
- Robert D Watkins
If Europe is to avert the worst – a meltdown of the eurozone, if not of the EU itself – it is critical that European leaders distinguish what must be done now from what can be left for later. Indeed, unless they complete three urgent tasks, there will be no reason to discuss long-term reforms.
- Robert D Watkins
Date:05 Aug 2011 23:50 EDT Authored By:BEIJING (Dow Jones via eFXnews) The depreciation trend for the U.S. dollar will continue, an adviser to the Chinese central bank said Saturday, after Standard & Poor's removed the U.S. government from its list of risk-free borrowers."The U.S. dollar will be in the depreciation trend i
- Robert D Watkins
More Americans than forecast filed claims for unemployment benefits last week, reflecting the volatility of applications during the annual auto-plant retooling period.
- Robert D Watkins
Gold and silver are two leading safe havens in times of crisis. However, some investors are taking advantage of the crisis to add a new class of precious and ultra precious metals to their portfolio, metals for the 21st century.
- Robert D Watkins
A great number of readers have asked how the euro can possibly be so strong given the existential crisis engulfing Euroland. Let me have a stab at this paradox, noting on the way that the strength of the euro depends entirely on your vantage point: the euro has crashed against the Swiss franc, Brazilian Real, and Japanese yen over the last two years, and is weak against the A...
- Robert D Watkins
Learn How To Get Rid Of Belly Fat Once And For All. No Need For A Pricey Gym Membership Or Those Goofy Ab Machines You See On Television.
- Robert D Watkins
USD/JPY has just flown to 79.60 before coming back quickly to 7920. No word of intervention. Possible someone has just spoofed the market higher.
- Robert D Watkins
Moody’s Puts US on Review for Downgrade, Obama and Cantor Feud at Debt Negotiations FXTimes – Forex News, Commentaries, Technical Analysis, Education, Live Events, and more! - http://www.fxtimes.com/fundame...
The impasse in regards to passing an increase to the debt ceiling and the consequences associated with that have come home to roost as we have Moody's putting the US under review for a credit rating downgrade, a step you do not want as a country. Instead of a "grand bargain" which would have cut $4 trillion from the deficit over the next 10-12 years, may instead be a short term bill worth $1.6 trillion.
- Robert D Watkins
European banking stress tests will be a missed opportunity for policymakers to reassure markets unless they come down heavily on undercapitalized banks, analysts and investors told CNBC.com.
- Robert D Watkins
Employers want workers with hands-on business intelligence experience, and experience working with large data sets. We've looked at the demand for business intelligence and data skills before, ...
- Robert D Watkins
Passion gets a bad rap, especially when the economy is shaky and job prospects are tougher. Many people think that pursuing passion is mere dreaming—idealistic and perhaps selfish or irresponsible. The Atlantic argues, however, that passion is exactly what's needed at these times.
- Robert D Watkins
The Securities and Exchange Commission is set to give advisers to hedge funds and other private funds more time to comply with a new mandate requiring them to register with the agency.
- Robert D Watkins
Sustainability brings new meaning and possibilities to the Management Arts. Meeting the needs of the community and environment no longer diverges from the profit motive; they can be harnessed together!
- Robert D Watkins
from Bookmarklet
TNNWC is looking for Accredited Angel Investor, Private Equity Manager, Experienced Investment Syndicator or Institutional Venture Capitalist or Group Moderator Needed As Expert Advisor or Prospective Partner... - http://thenationalnetworkerweb...
"TNNWC Group, LLC (http://www.TNNWC.com) is aggressively seeking one or several well-written, active, experienced accredited angel investors, private equity managers, experienced investment syndicators, institutional venture capitalists or moderators of groups or forums which deal with these topics on an executive level. TNNWC publications, releases and newsfeeds reach an audience of in excess of one million entrepreneurial, professional and corporate business readers, a good many of which are viable candidates for venture capital or angel investment, varying in size from $150,000 up to $50.0 million. In advising or partnering with TNNWC, you will have the opportunity to have a first look (on a ‘right-of-first-refusal’ basis) and consideration of pre-qualified investee candidates coming to us through our website and through our media outlets. These range from technological (IP) early-stage enterprises to small- to medium-sized growing businesses located principally in the United States, but worldwide. They represent a cross-section of varied industries."
- Robert D Watkins
from Bookmarklet
Why a global strategy fits and when to take your company to an international level is on the minds of many and a plan being executed by Volvo today.
- Robert D Watkins
from Bookmarklet
Silver prices have fallen nearly 30% in less than two weeks after several large hedge funds liquidated commodity positions across the board. Are silver prices collapsing? Or is this just a short-term pullback? Analyst Greg McCoach explains...
- Robert D Watkins
As it awaits government approval of its slow-moving bid to take control of a Chinese baijiu maker, liquor giant Diageo is focusing on improving its Scotch whisky business in China, where it trails archrival Pernod Ricard.
- Robert D Watkins
A U.S. appeals court dealt a blow to Rambus—and its share price—as it vacated the chip technology company's win in a patent case against Hynix Semiconductor.
- Robert D Watkins
Accounting rule makers tweaked guidelines for valuing assets based on market prices, a move that will bring U.S. and international accounting rules closer and require firms to disclose more about how they value their most exotic assets.
- Robert D Watkins
Social media is embedded in our daily lives. It is no longer the trend, it is the web and continues to weave and wrap itself itself into every corner and crevice of the internet as we know it. So what the 3 big reasons you should be applying social media marketing in your business?
- Robert D Watkins
Cisco Systems is expanding on its Borderless Networks vision of network infrastructure with two solutions that enhance security & mobility in the branch office.
- Robert D Watkins
The Russian-born industrialist billionaire, who made his fortune in chemical and natural resource companies after the fall of the Soviet Union, just bought Warner Music Group, the record label that manages Cher, The Red Hot Chili Peppers, and Waka Flocka Flame.
- Robert D Watkins