Here is your Crux PM update:
Top analyst Rosenberg: Yesterday was a "watershed" event
"If you're Ben Bernanke, something is backfiring..."
Bullish sentiment suggests a market top is near
"We are definitely seeing a build up of speculative froth..."
Chinese ratings agency compares the Fed's insane policies to "drinking poison"
China's version of Standard & Poors just provided the quote of the week...
A hidden form of inflation is running rampant
"This gives western bureaucrats plenty of room to argue that inflation is not a concern..."
Return of the euro crisis: Irish yields are exploding higher
"Across the pond the problems just won't go away..."
Unbelievable: George W. Bush has a "clear conscience" about financial crisis
Points finger at Congress... Conveniently omits his administration's huge role in housing debacle...
Regards,
Justin Brill
Managing Editor, The Daily Crux
www.thedailycrux.com
Wednesday, 10 November 2010
Posted by Britannia Radio at 22:34