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90 seconds at 9 am:Euro 2nd thoughts (news with Bernard Hickey)

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Uploaded by on Dec 12, 2011

US stocks down 2%
Euro stocks down 3%
NZ$ down to 76.2 USc
Risk off
Investors Reassess
Euro summit deal
Moody's, Fitch
Still reviewing ratings
Italian 10 yr yield
Up 45 bps to 6.98$
Gold down US$50/oz
Bundesbank says nein
Intel cuts forecast
Orders reduced
Hard drive shortages
Thailand floods
Trade Me float
NZ$2.70/shr IPO
Top of range
Over/Under valued?

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  • @Robonza Until they decide to use stronger words, likely beginning with 'D'.

  • Daily noise. The big picture hasn't changed.

  • Bernard, the stock market is always going up and down. Just like theres always Earthquakes or cloudy days. Strangely, gold is falling when stock markets go down - shows gold is being manipulated! Trademe is a ponzi scheme as there's too many rip-off on it.

  • Risk off = USD dollar rally. I wonder how long this will be considered "risk off" another year?

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