Holiday Thoughts
The IMF and the EU have agreed to extend a $16.8 billion loan to Greece this week. Greece, Spain, Portugal, Ireland and Italy will keep the EU and IMF very busy next year, conceptualizing some way to hold the EU system together over the long term.French Finance Minister Christine Lagarde named the new Managing Director of the IMF, as the case against Dominique Strauss-Kahn falls apart.
Half of North Africa and the Middle East still the midst of a contagious revolution.
The US has still not resolved the tedious debt ceiling debate and the state government in Minnesota has formally shut down.
Watching corn, rice, rare earths, uranium, gold and silver as QE2 winds down. Waiting to see how the Treasury market attempts to normalize in August and September.
What do you read the most as your general news source? Like world politcs,US,current events stuff.
ReplyDeleteI'm trying to branch out my news sources. Be nice to find something more centered without major bias. Maybe the BBC idk
ReplyDeleteJust read your solar post. On a similar note supposedly Bloom Energy will do an IPO someday. Might be a good one to watch. I'm not an expert but I think fuel cell tech is probably our best bet at this point.
ReplyDeleteI have a number of sources I use, since I feel they all have some substantial bias. I'll send them your way Mark.
ReplyDeleteWill check in on Bloom tonight.
Great market action today!
Big list just sent via PM!
ReplyDelete