Asian Markets Overnight, European Markets This Morning!

By: Ian Campbell | Mon, Jun 11, 2012
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Why Read: To better sit back, observe, and think about what is going on in the world, and in particular in the financial markets.

Featured Article: A Financial Times article reports on this morning's strengthening financial markets and strengthening euro (to 8:00 a.m. Eastern Time).

Commentary: Someone (or a great number of someones) need to give their 'heads a shake'. The Asian and European financial markets have to be having a knee-jerk reaction to Saturday's announcement that up to 100 billion euros will be advanced to Spain's banks. Comments:

We have lived for a very long time in the developed countries in a 'magical time'. Arguably, the magicians all seem to be exiting 'stage left'.

Markets and euro jump on Spanish bank rescue
Source: The Telegraph, June 11, 2012
Reading time: 4 minutes

 


 

Ian Campbell

Author: Ian Campbell

Ian R. Campbell, FCA, FCBV
Economic Straight Talk

Through the Economic Straight Talk Newsletter Ian R. Campbell shares his perspective on the world economy, the financial markets, and natural resources. A recognized business valuation authority, he founded Toronto based Campbell Valuation Partners (1976), Stock Research Portal (2007) a source of resource companies market data and analytic tools, and Economic Straight Talk (2012). The CICBV* annually funds business valuation research in his name**. Contact him at icampbell@srddi.com.
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** through The Ian R. Campbell Research Initiative

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TRUE MONEY SUPPLY

Source: The Contrarian Take http://blogs.forbes.com/michaelpollaro/
austrian-money-supply/