The European Bazooka which led to a massive short covering rally on Monday has been proven a complete waste in just 5 days. Reports of political and social fissures within the European Union and more importantly the prospect of slow growth in the whole region due to fiscal cuts has led to the Euro falling […]
China is recognized as the manufacturing hub of the world due to its low cost of labor and capital coupled with the pro industry policies of the government.These advantages are now being leveraged by the country to establish leadership in Green Energy which many recognize as the next Big Industry . Despite rhetoric from Obama […]
Gold has gone up to touch all time highs. Despite the European Bazooka and the melt up in markets,gold has not come down from the highs it made during the Greek crisis.It’s a way of the market telling that they have now little faith in the paper currency being printed in the trillions by the […]
Europe’s $970 Billion Bazooka yesterday certainly led to a “defeat” of the “speculators” yesterday as major European markets climbed by 5% while smaller ones climbed by 9-11%.Even the Asian and American markets rallied strongly in sympathy.However the Euro has fallen back sharply to 1.27 after rallying to more than 1.3 as people are still concerned […]
Samsung has started taking baby steps into the green business while signaling big intentions about growth and investment.The Company sees most of the future growth to be driven by clean technology,while noting that some the areas where it is dominant in might not exist at all in the future.It already has existing small business lines […]
The European leaders plan to blow away the Euro sceptics has been an outstanding “success” . The $971 billion plan by the EU,ECB and assorted central banks in the form of emergency lending,loan guarantees and swap lines has led to a massive short squeeze . European indices are melting up by more than 5%. The […]