Friday, August 21, 2009

On Hiatus Again, To Avoid Talks About The Double-Dip Tail Risk

Taking the last chance for domestic sun-bath...

Meanwhile, Mr. Macro talks about the double-dip tail risk, but worries about one final push for the risk on trade. Well, not giving up yet, but realizes the risk of better than expected? Just wondering about stockpiles of cash on the sidelines, and underinvestment in risky assets ...

The Big Ben says: "fears of financial collapse have receded substantially" and that "economic activity appears to be leveling".

Dark clouds cover Spain?

Be careful!

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