A year ago Irish Green Party politician Paul Nicholas Gogarty told Irish Labor Party TD “With all due respect, in the most unparliamentary language; Fuck you, Deputy Stagg, fuck you!… We Are Screwed As A Country Because Of The Wrongdoing Of Others.” It took a year …
For what it’s worth, here is Goldman’s take on the Irish bailout. Since it was Goldman’s endless currency swaps that allowed Europe to lie about their deficits and true debt levels, this should certainly be required spin. From Francesco Garzarelli Earlier tonight, Ireland applied for conditional …
A few days back we asked whether if as part of the now certain Irish austerity package, the imminent rise in the corprate tax rate for offshore companies based in Ireland would result in a crunch in the bottom line for US corporations such as Google. …
With Ireland now a lost cause, the next country which will see its bond yields surge to new records is Portugal. And just so vigilantes don’t miss the hint, the Portuguese opposition party has stated that the country’s budget deficit and public debt are “higher than …
Goldman’s Jan Hatzius, who after flipping his view on the economy in early August, and taking all of the street with him, has recently flopped back to a semi-optimistic outlook. What is amusing is that despite his suddenly far more bullish outlook, he, as well as …
Retail traders are notoriously wrong at picking market direction/tops and bottoms. Most retail traders very naturally seem to adopt a counter-trend stance and this offers very accurate signals for individuals looking to trade against this group. This daily report is designed to help traders focus their …
