Shuffle Rewind 26-30 Nov " Somewhere Over The Rainbow " ("IZ" Kamakawiwo?ole, 1993)

December 1, 2012 - 7:59am
Shuffle Rewind 26-30 Nov " Somewhere Over The Rainbow " ("IZ" Kamakawiwo?ole, 1993) MusicLink This week in review (compared to Fri 23 Nov COB): Click on day for related post, on title for song. After a week of Awakening to Risk, mainly the Fiscal Cliff, and then a week lacking Direction, the week ending 23 Nov was a strong case for “The Only Way is Up!” with Risk assets just soaring, ending a 3-week cleansing process with weak longs as well as weak shorts stopped out and volatility crushed back."The Only Way Is Up" (Bunds 1,44% +12; Spain 5,60% -26; Stoxx 2552 +4,8%; EUR 1,296 +260) That strong Risk On week closed on Friday 23 Nov with markets opening unchanged and staying put, despite better German IFO numbers. Still, that was followed with yet another light ROn close. Worries were put aside on Greece (and on the Fiscal Cliff), As se...
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