This week has been dominated by news about banks. We have had JPM's trading slip up, Credit Agricole's collapse in profits because of Greece, headlining have been the Spanish banks and overseeing all of this have been the local central banks. Team Macro Man think it useful to examine the interrelationships between all of the antagonists, so we give you our quick guide as to "How the Banks See Each Other"
5 comments
Click here for commentsWonderful :)
ReplyVery nice Satuday post. Have a good one...
ReplyLB, can you believe it!...it was only the other day I got in touch with my broker in regard to TEF...just to let'em know..(in an around about manner)" hey - this is a fast market fuck-ya...stop the slippage inbetween the bid\spread"..
ReplyNow back to the red and Len-Cohen...
Talking about TEF, volumes have been stupendous of late. Hmm...
ReplyC says'
ReplyJust reading the comments from Cyrpus central banker and it brought to mind that actually their is one country that would benefit from leaving the Euro.Cyprus is bust period and since they joined the Euro their main Industry of tourism has been screwed as they exchanged it for an externally turbocharged and temporary property industry. They'd do well to return to what was their mainstay business of selling affordable tourism.It wil last a lot longer and be a lot better for employment.I'll resist the urge to send an email to a certain Cypriot politician to tell him I told you so!