Some Final Thoughts for 2011

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Here’s hoping that everyone is enjoying a safe and pleasant holiday season. Today is my last day in the office for the year; yesterday, my desk was very busy as corporations and investment managers (especially insurers) made currency adjustments for …

Another Friday, Another Non-Farm Payroll Number

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It’s been a while since I posted. There has, of course, been a lot going on, and I hope that members have taken advantage of Todd’s evening training sessions.  There’s a lot of meat in the course materials, and it’s …

Is the Pop Just a Blip?

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Good Morning, Friends. We got the much-anticipated bounce late yesterday, which was supposedly occasioned by an absolutely banal comment concerning Eurzone bank capitalization by European Commissioner Olli Rehn. Suffice it to say on that subject “EU says no concrete bank …

Plan B for the Euro?

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Good Morning, Friends. With the extension of new swap lines from a number of central banks (including the Fed) to the European Central Bank, concerns over the ability of European banks to cover their borrowing needs in Dollars through year …