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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Hawkmoon who wrote (13199)6/13/2012 3:51:30 PM
From: Davy Crockett  Read Replies (1) | Respond to of 33421
 
<< It's like throwing spit--balls into a hurricane of fleeing capital>> I like that! Well said.



To: Hawkmoon who wrote (13199)6/14/2012 3:57:24 AM
From: John Pitera2 Recommendations  Read Replies (1) | Respond to of 33421
 
it depends on how much the euro caves in......... that is yet to be told.

The Fed came to the rescue 8 or 10 weeks ago when they reduced the OIS swaps rate 50 basis points and provided the ECB with a Trillion dollars of liquidity. Vastly underreported in the media, I had a consumer asking for more details on the specifics and was actually having trouble finding the details on Google searches.

John