Comments on: Europe has lost its ability to surprise Sat, 03 Jan 2015 16:42:55 +0000 hourly 1 By: nikacat Sat, 07 Jul 2012 09:59:11 +0000 For my money, Keletsky has posted some worthwhile ideas, although not all his readers appear to understand what he is telling us. If I may paraphrase, “It’s the U.S., stupid, not Europe that will have the major impact on future market trends.

Moreover, Keletsky was proven correct. Friday arrived. U.S. employment figures looked bad. The markets moved big time. As Keletsky said, Europe is old news. Moreover, wherever Europe’s destiny lies, it won’t matter much in the long run. The world doesn’t turn on Europe anymore.

By: onlyif Sat, 07 Jul 2012 03:47:23 +0000 @whyknot

me too. up and up and up and up. just like the great moderation promised. oh wait.

By: HECConsulting Fri, 06 Jul 2012 14:26:38 +0000 Why should Europe surprise? Why not USA or China or Japan? Europe is out for years. It has to find its way back to sustainable recovery. At least Europe is on its way. Something what USA still has to find. Away from financial market dictations back to manufacturing and growth made by people out in the country not by Jerks at Wall Street burning one Straw fire after the other. Straw fire burns short and need instant feeding. The FED fought well. When comes the moment of truth. USA has now all asses in hand find the way back to manufacturing, lower the unemployment rate and bring families back in their homes. But this is also a model through process, not done by one moment to another. Surprise me USA.
China has to create sustainability in its society, implementing pension systems, covering the threats of the house building bubble. Can China still grow, when it starts to take care of future generations and peaceful living for elder people? Surprise me China.
When will India stop corruption and make fruitful use of its enormous potential what is hinder by bad infrastructure and corruption. When starts India to balance its society? Surprise me India….

By: breezinthru Fri, 06 Jul 2012 09:50:12 +0000 “At this time last year, there was still widespread misunderstanding and complacency about the European crisis.”

Most of the money is the US markets is not managed by Main Street amateurs sitting at their computers, it is managed by so-called professionals who collectively skim the cream off from the investment returns. If that more of that cream was left in the accounts and allowed to compound over the years, ordinary investors would being doing much better than they are.

IRA’s, 401’s and 403’s are set up so that even a “self directed account” allows the individual investor only enough liberty to chose which mutual funds to invest in. It’s not as though the learned professionals have been able to protect individual investors from losses.

It’s just another simple matter of corruption; the laws governing investment accounts for ordinary people guarantee that those professionals (who were complacent about the Eurozone crisis because they misunderstood it) continue to generate much higher annual incomes than the people whose retirement money they manage.

By: changeling Fri, 06 Jul 2012 01:36:29 +0000 Euro zone leaders have a chance to calm the bond markets and concentrate on economic reform and fiscal/political union with one simple move. Announce that Euro bonds will be introduced in 2020. This gives them a 7+ year grace period to make it all legal and confirm who’s in and who’s out. This would be a very pleasant surprise with significant impact.

By: stevedebi Thu, 05 Jul 2012 23:43:11 +0000 scythe, the last war in southeast asia was in Vietnam, from 1965 – 1974. The last war in Latin America was 1898 (if you count Cuba as Latin America – otherwise 1848).

My view is that the US is currently willing to engage in war for security interests, not economic reasons. It has not profited from the recent wars in the middle east; quite the opposite – they have been very expensive.

By: whyknot Thu, 05 Jul 2012 12:09:56 +0000 I hope the stock market goes up

By: scythe Thu, 05 Jul 2012 07:42:08 +0000 this article pretends to be serious but again, dear anatole, a disingenuous conflation of two different species of political economy & capitalism, USA and the EMU (european monetary union):

if generalisations must be made, then

USA – speculative capitalist (t)raiders, debt-growth based, boom and bust, thinks and acts with short-term memory; sanctions the use of war on other nations to protect its economic interests (latin america, middle east, now south-east asia), needs the communist chinese party to support the current us debt

EMU – co-operative capitalists but longer timeline to negotiate balanced outcomes, favours thrift over debt, savings and wealth accumulated over generations, prone to political risk but has wealth; needs time

the noise signal ruse in anatole’s article is nothing more than the volatility of speculative trades, hoping to profit from messages from the EMU

this is reuters motive for its gauche headline: froth the volatility and hope investors keep linking to its database

well, the LIBOR-rigging scam in london showed how confused reuters was with its noise to signal efforts over rigged rates

journalists might need EMU stories, but the EMU ain’t in a hurry

By: Klevis Thu, 05 Jul 2012 06:32:44 +0000 Nothing in this article is fact, only wishful thinking.

By: TobyONottoby Thu, 05 Jul 2012 03:04:55 +0000 ALL –

Double, double toil and trouble;
Fire burn and caldron bubble.