Certainly a Greek exit would be small enough not to worry about at all. Greece has a negative Target2 balance of about €100 billion. What that means is that Greek banks owe the Bank of Greece €100 billion, which is fully collateralized; and that in turn the Bank of Greece owes the ECB €100…
The National Association of Realtors and other housing economists typically measure housing affordability by looking at home prices and mortgage rates. Prices of course have fallen to nearly 10-year lows nationally, while rates have never been lower. Freddie Mac on Thursday said rates stood at 3.71%…
Piacról sokat nem lehet mondani, mindenki várja a hétvégi görög események kimenetelét. "Back in February the interim chairman of the Swiss National Bank Thomas Jordan expressed concerns about risks of deflation in Switzerland. With the Eurozone being Switzerland's largest trading partner,…
Nincs folytatás lefelé se. Egy ideje a piac a "red bar green bar madness" (fel-le jojó) alakzatot öltötte magára, egyik nap így, másik nap úgy, ami azért az iszonyú rossz hírek és nagy para közepette tulajdonképpen nem katasztrófális viselkedés, hiszen a nagy félelem ellenére…
A ZeroHedge cikke a görögökről: Yesterday, Reuters' blogger Felix Salmon in a well-written if somewhat verbose essay, makes the argument that "Greece has the upper hand" in its ongoing negotiations with the ad hoc and official group of creditors. It would be a great analysis if it wasn't for…