Thursday, January 28, 2010

Accelerating towards the cliff

Greece is quickly forcing an end-game. I am sure the Davos will have to serve as in impromptu crisis mitigation site for many members of the EU (PIGS).

Meanwhile, the Gilts are getting a bad rap from S&P. I disagree somewhat on the same grounds of my objections on the Japan negative outlook; the UK faces no liquidity risk that beguiles the EU area.

No comments:

Post a Comment