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FT Feature Video: Marc Chandler bets on Euro Survival FT Feature Video: Marc Chandler bets on Euro Survival Reviewed by magonomics on November 30, 2011 Rating: 5
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Official Action and Why Italy is Still at the Vortex

November 30, 2011
The focus is on next week's ECB meeting and the EU summit. Nearly every one is expecting a 25 bp rate cut and if expectations are wrong, it is more likely that it is because of more aggressive action, like a 50 bp cut, than less. Separately, it will also likely provide long-term refi operations. It currently has a 1 year repo outstanding and n…
Official Action and Why Italy is Still at the Vortex Official Action and Why Italy is Still at the Vortex Reviewed by Marc Chandler on November 30, 2011 Rating: 5
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Choppy Market: Push Me Pull You

November 30, 2011
There have been several developments and they have imparted conflicting impulses into the market.  The S&P downgrade of a number of large banks based on a new methodology that has been unfolding over the past couple of years comes at a poor time, when many banks, especially in Europe, are having funding problems and different measures of finan…
Choppy Market: Push Me Pull You Choppy Market: Push Me Pull You Reviewed by Marc Chandler on November 30, 2011 Rating: 5
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EuroGroup Meeting Day One

November 29, 2011
The first day of the eurogroup (European finance ministers) meeting results in two decisions.  The first is the approval to the next tranche of Greek aid.  It is about 5.8 bln euros.  This is the sixth disbursement and there is no reason to think that next year's disbursements won't be the same nail-biting exercise as this year's have …
EuroGroup Meeting Day One EuroGroup Meeting Day One Reviewed by Marc Chandler on November 29, 2011 Rating: 5
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CNBC: EFSF Bailout and the Euro CNBC: EFSF Bailout and the Euro Reviewed by magonomics on November 29, 2011 Rating: 5
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CNBC: QE3 and Europe in 3 Minutes CNBC: QE3 and Europe in 3 Minutes Reviewed by Marc Chandler on November 29, 2011 Rating: 5
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More Thoughts on End Game Scenarios

November 29, 2011
The euro zone finance ministers meet today and tomorrow. Approval of the next tranche of aid to Greece and an agreement on EFSF leveraging is sought. Yet the real deal is still a week away and that is the EU summit.
A year ago, we handicapped the likely end games to the European debt crisis. We attributed a 3% chance of a country leaving the union.…
More Thoughts on End Game Scenarios More Thoughts on End Game Scenarios Reviewed by Marc Chandler on November 29, 2011 Rating: 5
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