Danielle spoke to Phil Mackesy of Talk Digital Network today discussing recent developments in the global economy and world markets. You can listen to the audio clip here. Last weekend she also did this video interview with Victor Adair at the Money Talks conference in Vancouver.
Canadian financials (like others around the world) are falling hard here, stand back. Remember dividends are no salve for missing limbs.
Source: Cory Venable, CMT, Venable Park Investment Counsel Inc
Angela Merkel: “I find it extraordinarily inappropriate that the European Commission today focuses on eurobonds, in different varieties, giving the impression that the debt burden can be shared and that we can get rid of the errors in the structure of the European currency. That’s exactly what will not work,” she said pumping her fist in the German parliament.
An alarm signal for Germany appeared today with the technical failure of the latest government bond sale, which was undersubscribed, only just over 3.5 billion euros of 10-year paper leaving the Treasury instead of the hoped-for 6 billion. Watch the Euronews clip here.
