EU banks and slower growth in the second half of 2010

Why the European stress tests were not stressful enough, with Nouriel Roubini, Roubini Global Economics chairman.

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Preventing foreclosures

We are living through remarkable times…

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“Oh the noise, noise, noise” –The Grinch, Dr Seuss

One of our favourite Christmas stories How the Grinch stole Christmas comes to mind this morning, as stock markets roared out of the gate in early optimism following yesterday’s drop. Lots of more low-volume noise. So far the clarity of charts reiterates the main trend: risk assets down. The Dow and the Canadian dollar remain caught under long-term support lines. So long as that theme is in tact, risk remains tilted to the downside.
Dow:

Canadian dollar/US:

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