Brussels has just approved €6.9bn of ‘urgent rescue aid’ for ABN Amro and Fortis Bank. The cash is destined to separate Fortis from both its Netherland unit and its (2007-acquired) ... [Link]
Ce n'est plus seulement le titre d'un roman d'Agatha Christie, c'est désormais la plus dangereuse crise de l'union européenne depuis le passage à l'euro (et depuis en fait 1992). Les ... [Link]
Sorry I haven’t written much recently. The recent snowstorms have tossed me around, as I care for my family, and those around me. It is amusing in a backwards way, ... [Link]
Are there any bright spots in this market?In normal times investors can use sector investing to find opportunities despite overall market weakness. The last two years have provided fewer such ... [Link]
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October 26th, 2008 at 6:46 am
I don’t think this chart is correct. Every other version I have seen shows a spike to 3.00 in October 1987 and over 1.50 on October 1998.
October 26th, 2008 at 8:44 am
You could be right, this chart takes last day of month data, for series EDM3 and TB3MS, it doesn’t show what happened during the month.