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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Giordano Bruno who wrote (71573)11/23/2007 7:36:32 AM
From: elmatador  Read Replies (1) | Respond to of 116555
 
"Asian banks yet to own up to their share of the expected $400bn to $500bn losses from the US mortgage debacle." Interesting development!

How many Northern Rocks are out there?



To: Giordano Bruno who wrote (71573)11/23/2007 12:28:17 PM
From: mishedlo  Read Replies (2) | Respond to of 116555
 
Liquidity Pump Runs Dry
globaleconomicanalysis.blogspot.com
Many seem to think the Fed is pouring on the liquidity but the repos are being double counted. The Fed has cut interest rates 75 basis points but that has not helped. Another 100 basis points won't help either. The number of liquidity stories have been increasing worldwide. It will be interesting to watch how fast Bernanke fires his blanks.
Mish


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