"If The Fool persists in his Folly he will become wise." - William Blake
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Germany’s Deutsche mark could make a surprise return from currency extinction
Doomsday may be creeping up again, but you would never guess so considering the seemingly endless appetite for global risk assets right now. Europe is heading into a perfect summer storm, but global investors remain in party spirits. It is unlikely to last too much longer. The writing is on the wall for the euro in the next few months and so too is the eight-year bull market for global equities and credit. Europe is facing up to a horror show of risk in the next few months and European unity and the euro are unlikely to survive intact. Upcoming French elections, the threat of Grexit and the risk of a major credit ... (full story)
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Carbon-Dioxide: the gas of life!
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