For the time being.
China SWF buying shares in China’s big four banks, including the two where Temasek has stakes, European bank shares up on talk of help on the way, and Wall St up strongly.
They’re pumping moolah into the banks first before announcing that Greek bonds and local municipal loan agreements will now be used to wipe backsides. Good for a 20% counter trend rally.
Fill in your details below or click an icon to log in:
You are commenting using your WordPress.com account. ( Log Out / Change )
You are commenting using your Twitter account. ( Log Out / Change )
You are commenting using your Facebook account. ( Log Out / Change )
You are commenting using your Google+ account. ( Log Out / Change )
Connecting to %s
Notify me of follow-up comments via email.
Notify me of new posts via email.
Blog at WordPress.com.
The DePo Masthead Theme.
Get every new post delivered to your Inbox.
Join 177 other followers