Category

Austerity

Blue Point Trading Market View – September 21, 2012

Lloyd Blankfein – “You Can’t Austere Yourself Into A Higher GDP.” The chief executive of Goldman Sachs says he’s against austerity measures in the short term as the U.S. fiscal cliff looms. Lloyd…

Blue Point Trading Market View – August 29, 2012

Obama and Romney to usher in an age of austerity? The common political narrative today is that Democrats are tax and spenders (stimulus) and the Republicans are ready to cut the budget (austerity) to…

Blue Point Trading Market View – August 17, 2012

Austerity is coming to the USA. Listening to the media spin in the political battle between the Republicans and Democrats, you get the sense that Republicans are all about cutting deficits throug…

Bluepoint daily market view – December 06, 2011

Now its Italy’s turn for a series of austerity packages. Italy would have collapsed without the government’s tough new austerity package, Prime Minister Mario Monti said on Monday, saying his country…

Bluepoint daily market view – September 2, 2011

The picture of austerity. For those who think austerity will solve the problems of an economy. Greece is a good case study of what can happen. The finance minister of Greece Evangelos Venizelos has…

Bluepoint daily market view – August 04, 2011

Italy the next crack in Euro? Italy’s borrowing rates touched a new euro-era high on Wednesday as a global market sell-off reignited fears that the debt crisis will engulf the eurozone’s…

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