After a period of slightly less disappointing news we anticipate more trouble ahead. One of the key ...
After a period of slightly less disappointing news we anticipate more trouble ahead. One of the key components of the US Financial Stability Plan is the completion of a stress test of the financial health of the 19 largest banks by the end of April. While authorities are keen to demonstrate the majority of these banks are adequately capitalised, the criteria being used for the 'stress' economic scenario are more optimistic than the IMF forecasts. This means as the results of the tests leak out, investors remain unconvinced and markets experience another period of volatility. Meanwhile, th...
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