20 Highly Recommended Financial Dividend Shares | Stock Buy List
Does supply and demand even matter any longer? Just think about it for a minute, it is really the central bank's policy that really moves the market. Just look at Alcoa (NYSE:AA) today, the company missed its earnings estimate and the stock is still inflating higher after the Chinese government basically said that they will push investors to buy stocks. This stuff can't be made up.
All Of The Players Are In Place For An Inflation Extravaganza
Yesterday, all of the major stock indexes around the world surged higher after the central banks announced the coordinated intervention for the banks holding European debt. This action by the central banks is a repeat of the action taken back in September 2008. We all know what happened shortly after that intervention in 2008 as the stock markets cratered into March 2009.
Germany is considered the most important country in the European Union. This country now has to decide if it is willing to go all in and allow the European central bank to have complete control over the banking crisis that is taking place. France has already been pleading for the European Central Bank (ECB) to start to print money to bailout the European banks.
The plot thickens again in the soap opera of the European Union. One day there is a $1.4 trillion bailout fund in place and the next day that deal is falling apart at the seams. One day Greece is on board with austerity measures and the next day they might be back to using the Greek Drachma. This Greek drama continues to get better by the minute.
How to Profit From Possible Moody's Downgrade of France
In lasts week's report we focused on the debtor nations of the European union, which is all of them. This week we shall focus on the large banks that hold much of the debt issued by those nations in the Euro-zone. This past Friday, all of the major bank stocks ended the trading session with a sharp sell off.