Post Tagged with: "OMT"

Assessing the Significance of the Italian Elections

Assessing the Significance of the Italian Elections

by / on 03/04/2013, 3:17 PM / in Platinum & Palladium News, Stock Market News

The recent Italian elections wound up in a very inconclusive result. In a political lineup of the three Bs–(no Chuck, not Biggio, Berkman and Bagwell)–Bersani, Berlusconi and Beppe, the Italian populace dealt a massive defeat to Brussel-appointed technocrat Mario Monti. The vox populi raised its voice against continuing austerity and will look to whatever government is formed to be one […]

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Notes From Underground: Central bank Poker–Three Checks and, Of Course, No Raises

Notes From Underground: Central bank Poker–Three Checks and, Of Course, No Raises

by / on 10/25/2012, 2:58 PM / in Today's Economy, Stock Market News

Yesterday, the Bank Of Canada surprised no one as Governor Mark Carney held rates steady at 1%. The BOC statement also maintained last month’s idea that “over time, some modest withdrawal of monetary policy stimulus will likely be required, consistent with achieving the 2% inflation target.” The Canadian dollar rallied on the news as it seemed that the market thought […]

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Notes From Underground: Happy and Healthy New Year to All of Those Celebrating

Notes From Underground: Happy and Healthy New Year to All of Those Celebrating

by / on 09/17/2012, 1:02 PM / in Uncategorized

Last week we covered a great deal of ground on the economic front as the world’s central banks, from Beijing to Washington were busy generating versus types of stimulus programs. The Chinese government aided the cause by announcing an infrastructure program of $157 billion in an effort to generate even more stimulus to a slowing economy. As the Chinese authorities […]

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