Tuesday, November 18, 2008


Sorry for not posting regularly this month! I'm back now and there’s a lot to catch up on.

Now this is something that caught my attention!!!!!
What the heck is going on!!
The whole world is falling apart and the OTC Derivative time-bomb continues to grow.
It going to turn nasty, that’s for sure. Amidst talks of Clearing Houses for derivatives, Fed & Treasury Bailouts for anyone who may be too big to fail ( or possibly too big to save), it seems that the authorities are just keen to buy time and hope this whole mess just goes away.
Counterparty defaults and Bankruptcies are going to add fuel to this OTC derivative bonfire.

A combination of record debt levels & a bout of deflation will ensure that the markets retest 'new' lows over the next few quarters.

No comments: