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Wednesday
May082013

ANALYST: You Should NOT Trust European Banks

SWIMMING THRU TREAKLE

ASSETS ARE STILL MISMARKED

"There are so many concerns. You have to be suspicious about Euro banks. So much QE is going on in global markets, every asset is under chase."

May 7 (Bloomberg) -- Bill Blain, strategist at Mint Partners, discusses HSBC Holdings, the European banking industry and state of the equity markets with Francine Lacqua.

 

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Reader Comments (4)

May 8, 2013 at 6:01 PM | Registered CommenterDailyBail
Fed Bank of Philadelphia President Charles Plosser, speaking in New York today, said he wants the central bank to start reducing the rate at which it buys bonds as soon as by the next Federal Open Market Committee meeting in June.

http://www.bloomberg.com/news/2013-05-09/u-s-stock-futures-little-changed-as-s-p-500-sets-record.html
May 9, 2013 at 4:21 PM | Registered CommenterDailyBail
May 9, 2013 at 4:22 PM | Registered CommenterDailyBail

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