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both sides are pretty far apart and will have to compromise to avoid a very negative market reaction to upcoming EU summits. Comments from outgoing Bundesbank President Axel Weber this week are indicative of the challenges here: "Strong German import demand is insufficient to compensate for the structural
barrels per day 3.500 3.000 2.500 2.000 1.500 1.000 500 Libya & Algeria exports 0 1999 2001 2002 2004 2005 2007 2008 2010 Source: Bloomberg. 2 EFTA00610625 Eye on the Market I March 10.2011 J.P.Morgan On Europe, solvency problems in Greece, Portugal and Ireland are increasingly bei
mod=ITP_marketplace_0> NBC Olympics: WSJ mod=ITP_marketplace_0> WSJ WSJ 1 WSJ< WSJ< Hashtag $$$ Early Weaker Euro Aids Region's Exporters Bundesbank Stresses Divide on Bond Buying Monti Pushes for ESM Banking License Euro Zone Weighs on Central Europe Chinese Banks and Solar Subsidies WSJ< mo
er Outlook Index @ 8am, Jobless Claims @ 8:30am, Bloomberg Consumer Comfort / ISM New York PMI @ 9:45am, Fac
Unfortunately, the ECB can't create jobs Employment percent change, O0O, saar 3% .3% 2005 2006 2007 2008 2009 2010 2011 Source: EurostaL Bundesbank. After four years that challenge some of the basic assumptions of efficient markets and laissez-faire capitalism, there is a pent-up demand for nor
.2 • •0.3 -Ti MSCI World • 1,175 - 1,075 - 975 •0.4 • •0.5 - Index • 875 •0.6 • - 775 675 •0.7 2008 2009 2010 2011 Source: Citigrotp, Bloomberg. 2012 Unfortunately, the ECB can't create jobs Employment percent change, O0O, saar 3% .3% 2005 2006 2007 2008 2009 2010 2011 Source: Eu
o fiscal transfers through joint and severally guaranteed Eurobonds. Will Germany cave in on this as well? Who knows. I spoke last fall to a former Bundesbank member and professor of economics at Bonn University who organized the petition of 150 German economists in 1998 arguing for a postponement of the E
reserve requirement ratios, from 2% to 1% Spain's sovereign yield curve Pe cent 8% November 29,2011 January 24. 2012 5Y 10Y 20Y 30Y Source: Bloomberg. Source: Bloomberg. It should not be lost on anyone that first prize in the Central Bank balance sheet expansion race is not necessarily one you w
ble is characterized by prices surging higher than warranted by fundamentals, followed by a drastic drop in prices as a massive selloff occurs. The Bundesbank is the central bank of Germany. Blinds are issued by Germany's federal government, most frequently with a maturity of 10 years, and are the German
to the discretion of the general partners. The Bloomberg Dollar Spot Index measures the value of the U.S.
Entities connected to both Bundesbank and Bloomberg L.P.

Jeffrey Epstein
PERSON
Marc Rich
PERSON
Barack Obama
PERSON
United States
LOCATION
Bill Clinton
PERSON
George W. Bush
PERSON
Michael Jackson
PERSON
John F. Kennedy
PERSON
Hillary Clinton
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Mitch McConnell
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Oliver Stone
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Dick Cheney
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Lesley Groff
PERSONMartin Weinberg
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Benjamin Netanyahu
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Harry Reid
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Tehran
LOCATION
Middle East
LOCATION
Las Vegas
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JPMorgan Chase
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