Casualised, not temps. I watch consumer spending these days. I don't hold much store by these other numbers as the job market is way too patchy for me.

Why Traders Don’t Trust the ADP’s Read on Friday’s Jobs Report

And who do you think stand behind the USD central bank? America's victory in the Cold War against the USSR and China I might add was not without it's benefits. The USD is backed by a whole raft of imported value from Chinese deflation to Arab ...

Rumour: Deutsche bank needs to raise capital

@ falcon Not many. But lets be blunt. The new face of employment will be increasingly casualised or contract working, the darling of the Right. One woulda thunk these traders would have some inkling of that.

Why Traders Don’t Trust the ADP’s Read on Friday’s Jobs Report

Didn't ya mum tell ya. You don't always gets what ya wants...or was that the Stones?

The Euro Has Not Yet Begun to Fall

Debt is the name of the game. So is trade. There's a whole raft of things the Japanese can do and probably will. Sustaining faith in the European market is a start. What would you rather they did? Sit on their hands. You people would be the first to ...

AZUMI: Wants Europe to establish crisis firewall. Says Japan will do what it can to help. $EUR...

Sigh. Don't you people ever learn. Don't try predicting in this game. This is not the '30's. Capitalism is no longer regional. It's a much bigger paradigm. You may have to get used to countries flipping in and out of the top table until they get ...

EURUSD Dips Below 1.28 As All Hell Breaks Loose In Italian Financials

Hahahaha. They bake a better grade of ethical crookedness in India.

Rumour: Deutsche bank needs to raise capital

This market is stymying a lot of people. I don't think accountants will be featuring in there other than not being up to scratch with their bean counting.

Rumour: Deutsche bank needs to raise capital

Yeap. Beautiful tweezers, strong down shift, then classic breakout! This baby was thundering!!

Rumour: Deutsche bank needs to raise capital

Not quite. The measures taken by the US administration, starting with Bush's government, are working. Very slowly it has to be said, but working. Merkel, being the factory manager she is, thought otherwise. She will learn the ways of finance, one ...

The Euro Has Not Yet Begun to Fall

1 The bankers did not lend on derivatives. The derivatives were the next link in the chain and were essentially the rendering of property title into stock for on sale to other buyers. Home owners borrowed on the primary instrument as they always do. ...

Did Psychopaths Take Over Wall Street Asylum?

I had to respond to this: Of course people behave responsibly. Part of the problem here is that you really don't have a grasp as to why the banks are in the pickle they are. When the sub-prime derivatives were drafted and issued, they were done so ...

Did Psychopaths Take Over Wall Street Asylum?

I know you did. I'll probably wind up this discussions with a few final comments. Personally, I am leerly of these ethical types. Form my experience and you have only to look at the state of politics in the US for example, especially on the right, ...

Did Psychopaths Take Over Wall Street Asylum?

I'm from New Zealand. I'll be brief as this is a trading site. Anything subject to time and purpose cannot be omniscient. It can be perhaps superior to us, but omniscient, no. Outside of time, purpose and norms have no meaning as there are no ...

Did Psychopaths Take Over Wall Street Asylum?

The Celtic Tiger was built around house inflation and easy lending. Their banks are creaking under the weight of these debts, many of which were securitised. Everyone thought this could go on for ever. Those that were smart cashed out long ago.

Ireland's house prices at lowest levels since 2000

A necessity if we are ever going to get on top of bank debt arising out of cobbled together derivatives.

Ireland's house prices at lowest levels since 2000

I am less courteous rather than precise. In precision, there is little need for detours. Comes from my legal background I guess. Nor am I religious, being a nihilst with the view that life has no purpose and good and evil are relative concepts. If I ...

Did Psychopaths Take Over Wall Street Asylum?

Germany isn't exactly spotless here. It made lots of money manufacturing the widgets that went into the housing stock during the silly boom. They could have spoken up then but they chose to take the money. At some stage, house values will have to be ...

The Decline and Fall of the Euro?

In a globalised market of free flowing capital, anathemas such as resource nationalism eventually are removed. Thats just the way it works.

US Re-escalates, Responds To Iran Warning