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1.Market Observations

24 Nov 2012 (AFR) – Down and out in London, Paris, Athens…

(24 Nov 2012, AFR, p15, Emma-Kate Symons Paris)

‘Bitter debt disputes, dreadful sets of economic numbers, indecision, budget-based recriminations and widespread uncertainty – welcome to another “ordinary” week from hell in Europe.’

‘Dual crises of sovereign debt management and spending priority divisions at the gridlocked Brussels euro leaders summit were mirrored in another batch of grim figures showing the euro zone contracting at its sharpest clip since 2009.’

‘France (again) suffered international ignominy as Moody’s downgraded its triple A credit rating, following Standard & Poor’s identical move back in January.’

Read more at (might need AFR login access)

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Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.


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