Sunday, 11 November 2012

Canary in the coal mine ...

The last time we saw the 2 Years government bond reaching the same historical low,was in 2 August.

It clearly shows that investors are looking for safety, ready to pay for keeping their money (albeit a low amount). Basically the government is playing the role of a safety box...

For some who are interested in the french market, a market that also behaved in the same way as in Finland (i.e. was not affected by the current crisis), You can find a report genereated by one branch of the french government. It has very good and credible argument, and actually I like the idea shown in the page 79:

Thursday, 8 November 2012

Flying Piggies ...

"In a report titled: “Just don’t look down some house markets are flying again” Goldman Sachs argues easy money policies by the world’s major central banks has had a ripple effect on countries which have avoided the worst of the global financial crisis, boosting their house prices.
According to Goldman, there now exist housing “high-flyers” - countries that have experienced real house price increases and “low-lyers” - countries where the housing market downturn appears to be more protracted.
“High flyers” include Germany, Finland, Norway, France, Switzerland and Israel as well as Canada and Australia." Source: CNBC

"What goes up, goes down", ConfuciusHousingFinland