Restoring faith |
|
What should have been a day of hope turned into a day of desperation. We are facing a systemic crisis of confidence in the global financial system that is pushing us increasingly close to a complete meltdown. I thought the agreement on the TARP in the US would shore up confidence in the system and set us on the long and difficult road to recovery. Today’s market reaction however has been far worse than I expected, and signals a complete and widespread collapse in the confidence in the
Filed under: Fundamental
Latest Posts
- Obama Names Next Treasury Secretary
- This Week's Market Outlook - Forex Trading, Currency Forecast, FX …
- The Trading Week: Nov. 24 - Nov. 28
- The week in few words
- Citigroup volatility makes for option day-traders heaven - financials remain pressured
- Today’s Live Show
- Forex Fundamental Outlook - Forex Trading, Currency Forecast, FX …
- Time for another rescue package
- Stock markets continue weakening
- ECB to ease aggressively - yields will fall further
- London Gold Market Report
- the 10 essentials of forex trading jared f. martinez (forex Series …
- Euroland: Very weak PMI should spur ECB to cut rates dramatically
- Currency Currents
- Currencies also sidelined although some Yen crosses dipped below October’s low