and if then. U.S. Federal Reserve Chair Janet Yellen stating that the U.S. central bank are in no rush raise interest rates. Gold ramps higher as the Fed says "why end the party". When you have Queen Dove running the Fed we might not see a rate hike until 2016.
But it get worse - Speaking to Tass news agency before his trip to Moscow, Anastasiades said that Cyprus and Russia were also discussing a possibility for Russian planes to use an air base near Pathos. Sure sounds like the Cuban missile crisis all over again. And with Obama in Office - look out Europe.
Agree - so what if a draft was made in Brussels. Not one of the ministers has approved it yet and we don't even know if the Greek's will. This is all hype since leaking news is coming from Greek's with leather jackets and not from ECB officials in nice black suits. Watch the market tank if Greece has no intention to sign draft agreement or if by chance Germany hates it.
I say the odd are 60% Greece leave Europe end of March and 40% they become part of Russia by end of year. Now those are nasty odds a decent Greek would not turn down.
Whoops forgot - can't have bank runs when bank vaults are empty. Have to wait for the German Euros to come flooding in and then next month start bank runs. Its Deja vu all over again except this time we find out if the Germans are suckers again to loan money to left wing radical party that leans toward Russia???
or maybe Europe bank run worries in Greece, Spain, Portugal, Italy and Ireland.
since over 3/4 of all Biotech firms flat out FAIL.
who say's Polar Vortex over? Next week more snow storms coming to New England while half the country under 32 degrees. Burrrrrr
Yes they can bail on massive debt but please tell me which way the Greek Prime Minister is going now. One report says PM wants Parliament vote on Friday. Solid majority of Greek parliament is Greek Syriza party. If I guess Parliament would reject Germany terms.
But now we have another report PM tomorrow will accept extension terms. So what in the world is going on in this Circus?
so there is NO Way the PM accepts bail out extension tomorrow. You can't have the chicken before the egg and everyone waits the parliament on Friday to see which way this thing goes.
Seems you can't have the two the same week especially if the Friday vote makes a bailout extension possibly impossible - if Greeks vote no to Europe banks.
and strong market corrections to follow. One of Britain’s most prominent equity fund managers says that there is no option for Greece but default. “Someone has to blink first and it’s not going to be [Greek governing party] Syriza.”
and with this news Spy longs wake up tomorrow with their tail burned off and a hoof or two missing.
Really getting hard now for the Chinese Government to keep hiding their bad numbers from investors and world stock markets. I mean we now have hundreds of thousands of empty commercial buildings in China and now a collapsing housing market. Starting to think China will now have to start war with Japan to improve their tanking economy.
Bulls in denial since they thought the Greeks would be drinking German beer with the Germans right now. Instead it looks like the Divorce of the Century with a Greek Default killing the Bull in its tracks. You can smell the Greek bank runs coming a mile away but unfortunately with no Euros in Greek banks it won't be much of a barn burner
Greek's just gave Germany the "middle finger" as Germany said "we don't lend money to free loaders". Especially free loaders who have no intention to pay back a dime when they owe more then 300 billion Euros.
he Greek government has delayed naming its candidate for president amid reports of internal bickering ahead of today's crunch bailout talks in Brussels. Why in the world should Germany trust Greece to pay back a dime when the country can't even nominate a country President. What a Farce.
Read My Lips Bulls - "No Deal for Greece". And if you can't read my lips then read this - "No Cease Fire in Ukraine". Going to be really, really ugly for Spy Longs tomorrow as in 10% haircut if not more. Ouch.
You are wrong. This is not a "Fed" position/deal. Its German money earned by hard working Germans who put in a full week at the job and respectively save their Euros. In contrast Greeks work a three day week, want 6 weeks paid vacation and expect retirement at fifty. German hold the cards dude (not the ECB) and Germany says "not a dime going to Greece until they pay off their massive debt".
Looks nasty now and even McCain is attacking the "house".
Arizona Senator John McCain, a leading Republican voice on national security matters, told NBC's "Meet the Press" of his alarm at the situation. "The American people did not give us majority to have a fight between House and Senate Republicans," McCain said, referring to Republicans taking control of both the House and Senate after November's congressional elections. "They want things done. You cannot cut funding from the Department of Homeland Security. We need to sit down and work this thing out but I doubt will happen this month".