Daily Archive: August 30, 2010

Aug 30

A short piece on the Euro Sovereign Crisis

The Global Financial Crisis (GFC) started out as a credit crisis. In simple terms, the credit crisis was a situation whereby banks stopped lending, credit markets stopped operating and the availability of money to many businesses (and individuals) became so scarce that those most exposed became insolvent. The survival of the biggest banks around the …

Continue reading »

pub-5731955080761916

Aug 30

Simple Economic Update

The month of July saw the return of strong sharemarkets both in Australia and overseas with the first positive monthly performance for four months. This return of confidence was largely due to investors reacting positively to the European Banking stress tests where 92% of European banks tested passed. Alongside of the good sharemarket performance was …

Continue reading »

pub-5731955080761916
Follow

Get every new post on this blog delivered to your Inbox.

Join other followers: