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Macro Trading by Winston Churchill
Showing posts with label 60 min. Show all posts
Showing posts with label 60 min. Show all posts

Monday, December 20, 2010

If you only do one thing today - make sure it is to watch this 15 min segment from 60 minutes




















The Muni Crisis - 60 min.

For the few who does not know 60 minutes reputation:  http://en.wikipedia.org/wiki/60_Minutes
Posted by Winston Macro Churchilll at 4:51 PM No comments:
Labels: 60 min, Muni crisis, steen jakobsen
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2011 CALLS (December 16th 2010)





In 2011 we will see:

1. Higher rates, the i-rate cycle turned in Q4. Marginal capital cost increasing as the tower of debt gets stacked higher and higher

2. EU will move either towards fiscal integration or final phase

3. One EU country will go to volentary bankruptcy

4. Major correction in S&P in Q1 - minimum: 1000,00

5. USDJPY goes to 80.00 then 75.00

6. Growth collapses in Q2-2011

7. Market is down 25% not up 25% end of year - the present consensus (December 2010) is 85% of all analyst seeing better 2011)

8. Gold goes to 3.000

9. EURUSD goes to 1.1000, then 1.0000



Economists

  • John Makin

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