Markets Show an Easing of Banks' Stress

The Prudent Investor | Wed, 07/15/2009 - 2:30pm | bank stress, economic stress, economy getting better | Add a comment

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--UPDATED-- ECB president Jean-Claude Trichet was quite complacent at the last council meeting . And for the first time since the beginning of what was first called subprime, then credit crunch, only to morph into a recession by now, markets seem to agree with Trichet. There is a glimmer at the
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I am an INDEPENDENT Certified Financial Analyst (OeVFA, EFFAS) who worked as a financial journalist for 15+ years and now evaluate global market trends. Analyzing financial and political news permanently I want to share my insight with those who understand that we approach an era of global redistribution of wealth. The US-European centric approach will not work much longer. Five billion people in the developing countries will demand their fair share of the world's resources.

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Markets Show an Easing of Banks' Stress

The Prudent Investor | Wed, 07/15/2009 - 2:30pm | bank stress, economic stress, economy getting better | Add a comment

Comments

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