Ms. Market is getting a lot of bidders every morning. I start watching the financing news on Blabberg around 4AM ET. For a couple weeks, the green in the European market prices and US futures early in the morning has been striking. Money flow is definitely there.
Copper prices are strong again early today.
I guess the GS fig lief is gone at last. FT: "Goldman Sachs reputation among both the general public and financially sophisticated Americans has been damaged by the events of the past year, according to research conducted for the Financial Times." They are finally seen as the greedy passel of hogs they've always been. How can a firm that makes almost all its profits raping its own clients in trades be anything but a piranha ?
Of course, all Wall Street "trading profits" are just that.
I read the Democrats' health care "plan" has 1,000 pages. Anything that big has to be a disaster waiting to happen. And it must be laden with payoffs and favors for their supporters. What a bad joke !
HBC reported a surprise profit this morning. A loss was expected, but this major bank with probably the most exposure to the emerging market came through.
I've started re-learning Latin. I like it - and it seems rather easy. That's probably due to all the work I've done with French ... and Italian and Spanish and the three years of Latin I had in high school. I also think the Latin helps me on the French, Italian and Spanish as it connects them and makes them seem more logical. The first problem I have is that my unabridged Latin dictionary just has Latin to English, not the reverse. I'll have to find one that has both.
Word of the Day
"Pecuniary" - adjective [$10]; and "Pecunious" - adjective [$10] from the Latin, pecunia, a feminine noun meaning "money".
Pecuniary means 1. of, concerning or consisting of money (pecuniary aid, pecuniary considerations); 2. (of an offense) entailing a money penalty.
Pecunious means abounding in money, wealth, rich.
Sentence: Pecunious powerful people dominate American - and world - governments.
Verbum Diei [that's 'word of the day' in Latin].
"Regere" - verb, second conjugation.
Regere means to rule.
Sentencia: Pecunia reget.
Sentence: Money rules.