Investment Markets Overview – w/e 10 Aug 2012

This week saw the 5th anniversary of the start of the credit crunch. It was also an uncomfortable one for the “Big 2” Central Bankers, as questions are increasingly being asked as to whether their “medicine,” of “using a fire extinguisher filled with debt kerosene to douse a raging debt fire,” better known as QE ect, is really the correct  medicine after all. We talk more on this and the Bank of England Governor, Sir Mervyn King, later, focusing first on the alpha dog of central banks, the US Federal Reserve, currently led by Ben Bernanke, an academic who has spent most of his “professional life” studying the 1929/30’s credit crisis, saying that, “it will not happen on my watch.” He joined the Federal Reserve in 2002 and hence presided over the most damaging part of the debt bubble growth, before being appointed Chairman in 2006, so has presided over the whole of the crisis to date and it is happening on his watch. Ben’s nightmare, however, started to appear this week in the guise of Republican and longtime Fed critic Ron Paul, who with the support of Tea Party activists and small government advocates — are entertaining a prospect that has long made them and some of their financial supporters cringe. They want more transparency from the Fed.

Subscribe to the Full Investment Markets Overview Newsletter which contains the following additional content:-

  • US economic statistics were light this week  . . . .
  • Euro-Zone economic data was very light this week  . . . .
  • Analysts have been stressing that the UK widening trade deficit has been due to   . . .
  • Out East, Japan’s consumer confidence came in much as expected in July   . . .
  • The $US index added   . . . 
  • The UK gilt yield dipped by   . . . 
  • For the commodities complex . . .
  • Economic data due next week includes . . .
  • Returning to the Bank of England Governor, . . .

Charts:-

  1. Indices Weekly
  2. US Trade Balance vs $US Index
  3. UK Trade Balance vs UK Trade Balance Exc. EU27
  4. China Exports vs China GDP
  5. Bank of England Debt Increase – UK GDP  . . .
  • Table of 15 Indices, 11 columns of detailed information, for accurate analysis


“Who’s the more foolish: the fool, or the fool who follows him?”

Click  HERE  to view Details of the full version of this Newsletter

which includes full text and detailed Charts for each section

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