- Your history
Recent stories in Regions
Greece: Argentina revisited ?
Interesting Fed research on the parallel between Greece and Argentina. And while the US Fed of San Francisco is trying to avoid alarmist conclusions, the Greek crisis has not ended yet.
Het Di Rupo-rapport van Natixis
Dit is het rapport van Natixis, waarnaar Di Rupo gisteren verwees in een speech in Antwerpen. In het rapport staat een zeer ruwe (en foute) berekening van de regionale transfers. Ook de regionale BBP cijfers in het rapport maken de beginnersfout om geen rekening te houden met administratieve hoofdzetels van ...
QE2 "Light", a change of plan ?
Ben Bernanke kept his promise and delivered. He didn't however gave as much as markets had hoped for. In golf terms, rather strike a couple of times with the new putter/wedge instead of using an iron 9 and hence completely miss the hole. Main question remains : a deliberate gradual strategy from now on, leaving the option for QE3 ...
Is this the real reason for QE2 ? - Update
The Fed will buy 600Bn USD debt ... "...the Committee intends to purchase a further 600 billion of longer-term Treasury securities by the end of the second quarter of 2011, a pace of about $75 billion per month. The Committee will regularly review the pace of its securities purchases and the overall size of the ...
The European Fannie and Freddie are slowly rising
From what I read, Merkel might get at least half of what she wanted: a participation of private investors (bond holders) in case of a bailout... The other half seems that more money will have to be put on the table. From the press release: Rules will be adapted to provide for a case by case participation of ...
ECB hasn't closed its headquarters in Frankfurt
Financial markets were eagerly awaiting the ECB press conference for more supporting measures concerning beleaguered indebted countries. Concerning high expectations on a European version of Bernanke, ie printing money and speeding up purchases of sovereign bonds, markets did not really get what they were after. As far as the ECB ...
Going beyond the final frontier...
In a rare appearance before national broadcast, Ben Bernanke yesterday on CBS gave comment on the state of the economy and his intentions further up the road. Apparently it took 1 bad number - November pay-rolls released last Friday - to ring the alarm bells inside the FED. Just 1 month after QE2 has been announced, it seems QE3 is ...
Chickens coming home to roost
"Don't fight the FED, they always come up with a perfect put option". So far so good when it comes to equities and some other assets. One exception : Mr Bond doesn't seem to go along anymore.
Belgium: not the sick man of Europe, but of the core eurozone - update
S&P has revised its outlook for Belgium from stable to negative. "We believe that Belgium's prolonged domestic political uncertainty poses risks to its government's credit standing, especially given the difficult market conditions many eurozone governments are facing" Some remarks: - S&P is lagging behind ...
Schizofrenie maakt ons zieker
België leidt aan een bepaalde vorm van schizofrenie.Tegen het buitenland verdedigen we een beeld dat de interne politieke twisten een deel van onze cultuur zijn, niets om zich zorgen te maken. We zeggen ook tegen de buitenlandse media dat onze budgettaire problemen niet zo groot zijn, onder het gemiddelde van de rest van Europa. We ...
De Europese Schuldpiramide
De wet van Gresham is aan een demonstratie bezig in Europa: het goede geld wordt in snel tempo achter het slechte geworpen. De ECB is ontmaagd, Maastricht verkracht en de euro verdrachmet.
Monty FED - the Holy Grail
"Camelot, Camelot, Camelot !!!", yell the Knights of the Round Table when finally arriving at King Arthur's residence. Their optimism is quickly put down to earth when Concorde, the brave carrier, mumbles "it's only a model." FED Governor Yellen to some extend shared the same kind of enthusiasm last week, and equally we tend to ...
De derde kloof
De regeringsvorming in België moet een dubbele kloof overbruggen. De Noord/Zuidkloof is de eerste. De taalproblematiek is wellicht echter minder ernstig dan de Link/Rechts tegenstellingen, een tweede kloof.Door de uitputtingsslag die nu bezig is, groeit de roep om een snelle oplossing. Deze snel op te richten regering moet met ...
The Third Mandate and Stabilit
Speaking on CNBC at a FDIC sponsored forum last week, FED chairman Bernanke was asked how quantittative easing could be called a success in view of rising interest rates and commodity price spikes. His answer revealed that the FED now officially admits having a third mandate : "Our policies have contributed to a stronger ...
London Calling
The latest string of monthly figures on foreign holdings of US Treasuries gives some surprising results : Of the big global players, only Japan and Brazil keep on accumulating US debt at a steady pace. Opec, Russia and the Carribean seem to be losing interest while China apparently heralds status quo, if we believe the official ...















