Tag Archives: European

Equity Markets Continue to Bleed. Why? German Stupidity, Volcker Rule and the Carry Trade Unwind

As usual European news leads the way with a ridiculous ’shoot in the foot’ decision coming out of Germany… Merkel will announce, on Wednesday, a financial transactions tax, and a ban on naked short selling on 10 of the “most-important” financial institutions in Germany. Ban also applies to CDS and Euro govt bonds. Will remain in place for an indefinite period of […]