主题:【原创】连续4天每天4、5%的涨跌后,是不是有了苗头 -- 铁手
1. the whole US debt limit farce is a waste of media eyeballs. Market fall due to US political fight is actually limited. The main driver of this round of crisis is European sovereign bond.
2. Sovereign bond problems spreads into Italy. Panic depositors are shifting money from Italy/Spain into Switzerland, gold and other AAA bonds. Repo market for banks has frozen and it is going to hit banking system first, then the real economy (lots of firms).
Most fall comes from Europe first, then hitting Asia and America. Of course, US fundamentals are deteriorating, but European markets fell much more than the American market.
Canadian market outperforms almost all G7 peers with smaller decline this time. The safest nation among all G7 now.
3.Next stage of crisis will depend on the actions from European nations. Trivial events, such as an impasse after Germany-France meeting, or French credit rating downgrade or a bank run in Europe can easily spill into the 2nd stage crisis.
Stock short-ban could face-lift equity market price, but it could NOT rescue lost confidence in PIIGs gov. bonds, their bankings system, the ST lending market, the ST shadow banking market in Euroland...
Good luck to Europe for the next 2 weeks!
BTW, a deepening Eastern European banking crisis is just around the corner...
- 相关回复 上下关系8
🙂为什么大家这么悲观呢? 2 南仲 字714 2011-08-12 13:48:34
🙂美元和欧元是不兼容的 2 猪啊猪 字741 2011-08-12 20:05:15
🙂对啊,散户也可以做空的。哈哈,下周估计就可以进场做空了。 南仲 字42 2011-08-13 04:08:28
🙂wrong focus
🙂事实上禁止做空只会带来更大的恐慌 Levelworm 字0 2011-08-12 13:46:00
🙂先看下周二法德会晤会有没有新的措施提出来。 南仲 字0 2011-08-12 13:25:32
🙂Canadian 3 西行漫记 字597 2011-08-12 11:51:10
🙂fully agree. 3 parishg 字712 2011-08-12 12:34:49