Europe's Bogey-Man

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	Friday August 12, 2011 Email Me | Unsubscribe Trouble Reading this Email? - Click Here Europe's Bogey-Man Retail Sales Rise Is it Time to Buy Gold? Fellow Investor, Investors have been acting as if there is a financial bogey-man lurking out there, ready to confirm the sum of all our financial fears. Is it U.S. recession? Is it European debt? Is it the U.S. debt downgrade? Congressional dysfunction? Of course, the combination of worrisome events is enough to push investor anxiety into overdrive. But at the heart of the fear in the financial markets is European debt. Again, yesterday we discussed the rumors that were swirling around France's bank, Societe General. With France now in the mix, we're looking at Greece, Spain, Portugal, Italy, and Ireland as having debt. In fact, we should probably look at it the other way and simply acknowledge that Germany is the only healthy country (and maybe Switzerland and the Scandinavian countries). Here's a quote from a very succinct editorial from Bloomberg: European leaders have created a fertile ground for panic by failing to dispel the main uncertainty: How they will resolve the financial troubles of strapped euro-area governments, how much banks holding the governments' bonds stand to lose as a result, and whether the banks can be bailed out. That pretty much sums it up. Here in Daily Profit, I've noted repeatedly how Europe needs to come up with a real solution for debt problems. The constant back-and-forth, floating proposals that fall short of addressing the problem are not helping. There's no real unity in Europe and investors know it. For what it's worth, Bloomberg goes on to note that the market capitalization for 31 of Europe's biggest banks stands at 70% of tangible equity. That difference works out to $195 billion. In other words, investors are saying that these banks need $195 billion in capital to offset their risk. Of course, we also know that simply meeting the risk differential is not enough. When it comes to offsetting damaged assets on a balance sheet, the "shock and awe" approach that our own Fed employed during the financial crisis is the only strategy that works... Click to view the remainder of the article... Mystery Woman Collects 8.2% from Her Bank Ms. P----- S-----, age 58 and former airline employee, collects an extra $7,200 from a special bank in New York. She's not a trader, not an insider... just an everyday American collecting an 8.2% yield from a specialized bank. Who is this woman? And more importantly how can you start collecting 8.2%? All you need is less than $20, a brokerage account, and a desire for life changing wealth. Click here for the details.   Market Snapshot US Markets - August 11 Close Dow Jones 11,143.31 +423 (+3.95%) S&P 500 1,172.64 +51.88 (+4.63%) Nasdaq 2,492.68 +112 (+4.69%) Currencies EUR/USD 1.425 +0.001 (+0.092%) USD/JPY 76.695 -0.18 (-0.234%) GBP/USD 1.628 +0.004 (+0.255%) Recent issues of Daily Profit Is There a Bogey-Man Out There? What the Fed Said The Rise of the Machines more» Valuable Investment Ideas From Wyatt Investment Research All About Free-Gold This concept is gaining momentum and rapidly approaching a "tipping-point" moment. more» Market Stable, But Did it Bottom? The harami can be a bullish or bearish reversal depending on whether it appears at the end of an uptrend (bearish pattern) or a downtrend (bullish pattern). more» A Mexican Monopolist Yielding 4.1% Let's see if a few bulls take the bait and buy July's "good" employment numbers. more» Independent Investment Services Wyatt Investment Research provides investment research that is independent of the back door deals and machinations of Wall Street. more» Need to retrieve your password in order to view our articles? Click here. Disclaimer & Important Information Wyatt Investment Research and Daily Profit is owned and published by Business Financial Publishing, LLC of Washington D.C. Business Financial Publishing is neither a registered investment adviser nor a broker/dealer. Readers are advised that this electronic publication is issued solely for information purposes and should not to be construed as an offer to sell or the solicitation of an offer to buy any security. We encourage you to review our full Disclaimer and Disclosure policies. To view our Disclaimer Policy, please click here. To view our Disclosure Policy, please click here You are subscribed with the following email address: ignoble.experiment@arconati.us To unsubscribe from this newsletter, please click here. If you believe this communication to be a mistake or unsolicited, please e-mail abuse@bfpnewsletters.com with details regarding your situation, and we will be sure to promptly investigate your situation. Copyright (c) 2011 Business Financial Publishing, LLC. | Privacy Policy Wyatt Investment Research c/o Business Financial Publishing 65 Railroad Street Richmond, VT 05477 PO Box 790