- Prison Planet.com - http://www.prisonplanet.com -
Second Leg of Crisis Beginning: Hedge Fund Manager
Posted By admin On September 1, 2010 @ 3:55 am In Money Watch | Comments Disabled
Wednesday, September 1, 2010
September and October hold bad news for stock markets and banks remain overleveraged as we head into the second leg of the financial crisis according to Pedro De Noronha, the managing partner at Noster Capital in London.
“We are seeing one of the most challenging years for investors ever,” De Noronha told CNBC Tuesday. “Major investors are simply leaving the market. When it looks like markets are about to fall off the cliff they rally and vice versa.
(ARTICLE CONTINUES BELOW)
“There are problems coming from the resetting of US mortgages and (the) euro area remains a big worry,” he said.
“Germany is unwilling to save any other European country,” De Noronha said. “Merkel used up lots of political capital saving Greece and she saved the Greek bond market in order to save the French and German banking system from more big losses.”
Article printed from Prison Planet.com: http://www.prisonplanet.com
URL to article: http://www.prisonplanet.com/second-leg-of-crisis-beginning-hedge-fund-manager.html
URLs in this post:
 CNBC: http://www.cnbc.com/id/38930268
 Image: http://www.infowarsshop.com/United-We-Fall_p_339.html
 Having A Supply Of Healthy Foods That Last Just Makes Sense (AD): http://www.efoodsdirect.com//index.html?aid=14&adid=43
 US Needs Austerity Too: Hedge Fund Strategist: http://www.prisonplanet.com/us-needs-austerity-too-hedge-fund-strategist.html
 According To The ADL’s Criteria, Hedge Fund Manager Vickers Is Also A Dangerous Extremist For Talking About A “New World Order”: http://www.prisonplanet.com/according-to-the-adls-criteria-hedge-fund-manager-vickers-is-also-a-dangerous-extremist-for-talking-about-a-new-world-order.html
 Hedge Fund Manager Bill Fleckenstein: Fed Money Printing to Cover Bank Theft Is Leading to Food Inflation Worldwide: http://www.prisonplanet.com/hedge-fund-manager-bill-fleckenstein-fed-money-printing-to-cover-bank-theft-is-leading-to-food-inflation-worldwide.html
 In Europe, an ‘Argentinean Re-Run’: Fund Manager: http://www.prisonplanet.com/in-europe-an-argentinean-re-run-fund-manager.html
 The Head Of The World’s Biggest Hedge Fund Sees “Economic Collapse” Due To Money Printing By Early 2013: http://www.prisonplanet.com/the-head-of-the-worlds-biggest-hedge-fund-sees-economic-collapse-due-to-money-printing-by-early-2013.html
Copyright © 2013 PrisonPlanet.com. All rights reserved.