The Recent European Stress Test
This short piece at CNBC.com offers a concise and articulate analysis of the recent European stress test that banks underwent. As John Carney, Senior Editor at CNBC.com states, “In short, what the stress tests unarguably demonstrated was not that Europe banks are healthy—that’s still arguable—but that regulators view them as healthy and won’t be enforcing any new, drastic rounds of capital raising anytime soon.
They were a test of regulatory forbearance and forbearance won.”
Many investors, from the novice to the experienced managing member like Corey Ribotsky, could find this piece interesting and its advice telling.
Market Analysis in 2010
Here is a fascinating analysis of the market as it stands today and of predictions for the year ahead. The writer takes a look at the market in Europe and in the States as he looks ahead.
He concludes by saying, “Governments and citizens have become convinced that we won’t have to pay the piper for creating flawed currency systems and taking on far too much debt. They believe they can bail everyone out at every twist and turn. I think we’re going to find that to be false in the coming months and years.”