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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Similiarities Between 2010 amp 2012

Article By: ,  Financial Analyst
June 14, 2012 5:29 PM

We’ve already pointed out back in March the similarities between April/May 2010, April/May 2011 and how they could translate into fresh selling in April/May 2012.

Other things:

2010

MAY: Euro sell-off & Eurozone Problems
JUNE: World Cup
JULY: Poor US data opens door for Fed QE2
NOV: US Mid-Term Elections
NOV: Ireland bailed out

* Goldman Sachs under fire after Fabrice Toure misled clients.
* BRICs were strong enough to lift US & Eurozone into recovery.
* BRICs were in fact raising rates.

2012

MAY: Euro sell-off & Eurozone Problems
JUNE: Euro Cup
JULY: Current Data Already Suggests QE3
NOV: US Presidential Elections
NOV: Italy & France? Already mentioned for needing further “assistance”

* JP Morgan CEO testified after “London Whale” lost $2 bn in “Bad Hedging”
* BRICs weakness is deepening, cannot help US/EUrozone
* BRICS slashing rates (Brazil rates at all time lows) (China 1st cut since ’08)

Hope solely lies with Central Banks’ QE, LTRO, Currency Swaps.

* Effectiveness of Fed’s QE3 in shoring up liquidity will not be as effective as QE1-2 because:

1. Offsetting nature of Operation Twist & use of MBS irrelevant in creating/maintaining extra liqudity.
2. QE3 is no different from LTRO; aimed at liquidity and not solvency (Euro) or Macro (US/Eurozone)
3. Ineffectiveness of Operation Twist (Sep 2011) shown by need for ECB & Fed to intervene in Dec 2011 via LTRO/FXSwaps

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