zerohedge.com / By Tyler Durden / January 4, 2013
Via Mark J. Grant, author of Out of the Box,
“And it is a mark of prudence never to trust wholly in those things which have once deceived us.” -Rene Descartes Spain
If you own the debt of Spain; sell it. If you are thinking about [...]
Italian 10 year government bond yield
acting-man.com / By Pater Tenebrarum / December 31, 2012
Euro Area Carry Trade – From Disbelief to Consensus?
When we noted about a year ago that the ECB’s LTROs were likely to give banks and incentive to initiate carry trades in the [...]
The brief one-way street history of Bankia’s share price – click for better resolution.
acting-man.com / By Pater Tenebrarum / December 28, 2012
Bankia has come into being as the result of the merger of several insolvent Spanish cajas. It was floated in mid [...]