H^8 looking for W formation i think . take a look
finding A M S
EurAnalysis Kindergarten 24 replies
DislikedHey buddy. I know you're not on the mainland, but do you have any insight into the shadow economy the media keeps talking about? Is it just media hype or is it really a problem?Ignored
DislikedGM PT - whilst 20 / 30 years ago it was normal for businesses to keep two sets of books - one to show to Hacienda - the tax ministry and the other the real picture - this is no longer possible due to much tighter controls and a legion of inspectors of all types making it impossible for any operation with employees to fly under the tax radar.
Additionally, the banks now report any cash transaction above €5,000, so whilst small scale cash payments still take place, IMO the shadow economy is now just a shadow of its former self.
Best regards...Ignored
Disliked
Whilst I agree that Spain has huge problems, mainly due to Governmental missmanagement over the last ten years, your comments about their behaviour towards buisness etc is IMO way off the mark and I suspect that you have never worked in Barcelona where the buisnesses and their employees work as hard as any in the UK. Elsewhere, Ford, GM, Renault and VW all have had active plants for many years and these continue today and thus must be as productive as any in Northern Europe or they would have long since been closed.Ignored
Dislikedoh yeah. Germa IFO...it will be 0.4 better and we go up by 200 pips :-))
EU is safe! :-)Ignored
DislikedMy vote goes to Lumesh, I don't always agree with him, but he has a good understanding of the underlying fundamentals.Ignored
DislikedP.S. lumesh and Ken A ...
Did you read my caution below my post ?
Here it is ...
CurrencyMan: This is a informed opinion. Always make up your own minds even if you think someone has the answer. I am not sure he is right however I have taken note and am aware of his views. I will watch price action, new data, direction of Oil, Gold and Equities markets and always be ready for a surprise or unexpected event.
All posts about Henry Liu ignored my CAVEAT. My comments are positive as I am just pointing out the truth. Have a Good Sunday...Ignored
DislikedThat's quite funny. I told him that very same thing way back when I vouched himIgnored
DislikedThere is talk that the ESM may be leveraged 4:1
However, there is a catch.
The EZ governments will only be responsible for the 1 part and the other 3 parts will come from private investors. I am sure they are just lining up to invest money in junk bonds.Ignored