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BANKS SHOULD step up their lending to support economic growth while taking steps to curb “undue” bonuses, European Central Bank head Jean-Claude Trichet said. Full Article at Irish Times
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NEW YORK NEW YORK (AP) - Investors can't shake their fears that the economy isn't keeping up with the stock market. Full Article at Ventura County Star
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European Central Bank President Jean Claude Trichet (L) talks with Italian Finance Minister Giulio Tremonti on November 10,2009 during an Ecofin meeting at the EU headquarters in Brussels. View Photo »
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We very much share that view expressed by the Treasury secretary and we also share the views expressed by (Federal Reserve chairman) Ben Bernanke
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Stocks fell for a third straight day Friday as a disappointing outlook from computer maker Dell Inc. suggested that an economic recovery could be uneven. Full Article at The Seattle Times
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European Central Bank President Jean-Claude Trichet jolted the markets Friday with the announcement that the ECB will gradually withdraw the emergency cash injections it has added to the financial system, in order to prevent an acceleration in... Full Article at Blogging Stocks
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Crude oil fell for a second day as the US dollar strengthened against the euro, reducing the appeal of commodities to investors, and equity markets declined. Oil slipped 1 per cent as the US currency advanced for the third time in four days. Full Article at The Age
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President of the European Cental Bank (ECB) Jean-Claude Trichet gives a press conference after a meeting of the governing Council of the European Cental Bank (ECB) on October 8, 2009 in Venice. View Photo »
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European Central Bank President Jean-Claude Trichet led the region's finance chiefs in pushing China to let the yuan strengthen amid mounting concern the euro is shouldering too much of the burden of a sliding dollar. Some currencies 'have in the medium run to appreciate,' Trichet said...
SOURCE: Safehaven -
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The major market indexes finished lower, but are still maintaining technical support
SchaeffersResearch.com
"Unfortunately, the carrier ends up looking like the one kid on the playground who can't come up with a good 'yo mama' joke." Full Article at SchaeffersResearch.com
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German inflation: German producer prices fell 7.6 per cent in the year to October, but were unchanged from September, official data showed. Full Article at Times Online
About Jean-Claude Trichet
Wikipedia
Jean-Claude Trichet (born 20 December 1942) is a French civil servant who is the current president of the European Central Bank since 2003. Trichet ranks 5th on the world's most powerful by Newsweek along with economic triumverates Ben Bernanke(4th) and Masaaki Shirakawa(6th). Full Article
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European Central Bank President Jean Claude Trichet (L) talks with Italian Finance Minister Giulio Tremonti on November 10,2009 during an Ecofin meeting at the EU headquarters in Brussels.
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President of the European Cental Bank (ECB) Jean-Claude Trichet gives a press conference after a meeting of the governing Council of the European Cental Bank (ECB) on October 8, 2009 in Venice. Trichet said that a US statement in support of a strong dollar was 'extremely important.'
View Photo » -
Getty Images
President of the European Cental Bank (ECB) Jean-Claude Trichet gives a press conference after a meeting of the governing Council of the European Cental Bank (ECB) on October 8, 2009 in Venice. Trichet said that a US statement in support of a strong dollar was 'extremely important.'
View Photo » -
Getty Images
President of the European Cental Bank (ECB) Jean-Claude Trichet gives a press conference after a meeting of the governing Council of the European Cental Bank (ECB) on October 8, 2009 in Venice. Trichet said that a US statement in support of a strong dollar was 'extremely important.'
View Photo » -
Getty Images
President of the European Cental Bank (ECB) Jean-Claude Trichet gives a press conference after a meeting of the governing Council of the European Cental Bank (ECB) on October 8, 2009 in Venice. Trichet said that a US statement in support of a strong dollar was 'extremely important.'
View Photo » -
Getty Images
President of the European Cental Bank (ECB) Jean-Claude Trichet gives a press conference after a meeting of the governing Council of the European Cental Bank (ECB) on October 8, 2009 in Venice. Trichet said that a US statement in support of a strong dollar was 'extremely important.'
View Photo » -
Getty Images
President of the European Cental Bank (ECB) Jean-Claude Trichet gives a press conference after a meeting of the governing Council of the European Cental Bank (ECB) on October 8, 2009 in Venice. Trichet said that a US statement in support of a strong dollar was 'extremely important.'
View Photo » -
Getty Images
President of the European Cental Bank (ECB) Jean-Claude Trichet gives a press conference after a meeting of the governing Council of the European Cental Bank (ECB) on October 8, 2009 in Venice. Trichet said that a US statement in support of a strong dollar was 'extremely important.'
View Photo » -
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European Central Bank (ECB) governor Jean-Claude Trichet (L) and Bank of Italia governor Mario Draghi arrive for a family photo of the ECB members prior a meeting on October 8, 2009 in Venice.
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European Central Bank (ECB) governor Jean-Claude Trichet (C-first row) is flanked by the Bank of Italia governor Mario Draghi (3D-L first row) as they pose during a family photo of the ECB members prior a meeting on October 8, 2009 in Venice.
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European Central Bank (ECB) governor Jean-Claude Trichet (C-first row) is flanked by the Bank of Italia governor Mario Draghi (3D-L first row) as they pose during a family photo of the ECB members prior a meeting on October 8, 2009 in Venice.
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ISTANBUL, TURKEY - OCTOBER 3: In this handout image supplied by the IMF, International Monetary Fund's Managing Director Dominique Strauss-Kahn (L) talks with , European Central Bank President Jean-Claude Trichet (C) and Italy's Governor Mario Draghi (L) prior to the start of their G-7...
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European Central Bank President Jean Claude Trichet arrives for the second working session of the informal ECOFIN meeting at the Eriksberghallen in Gothenburg on October 2, 2009.
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President of the European Central Bank French Jean Claude Trichet (L) and commisisioner responsable of Economy and Monetary Affairs Joaquim Almunia attend the second working session of the informal ECOFIN meeting at the Eriksberghallen in Gothenburg on October 2, 2009.
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President of the European Central Bank French Jean Claude Trichet (L) confers with commisisioner responsable of Economy and Monetary Affairs Joaquim Almunia as they attend the second working session of the informal ECOFIN meeting at the Eriksberghallen in Gothenburg on October 2, 2009.
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(L to R) Vice president of the European Central Bank Lucas Papademos, President of the European Central Bank French Jean Claude Trichet, Commisisioner responsable of Economy and Monetary Affairs Joaquim Almunia attend the second working session of the informal ECOFIN meeting at the Erik...
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Bank President Jean Claude Trichet (L) , Swedish Minister for Finance Anders Borg (C) and European economic and monetary affairs commissioner Joaquin Almunia (R) speak during a press conference at the end of a working session of the informal ECOFIN meeting at the Eriksberghallen in Goth...
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President of the European Central Bank Jean Claude Trichet (L), jokes wtih Swedish Minister for Finance Anders Borg during the group photo of European ministers of Finance at the informal ECOFIN meeting at the Eriksberghallen in Gothenburg on October 1, 2009.
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Eurogroup President Jean-Claude Juncker (C), the President of the European Central Bank (ECB) Jean-Claude Trichet (L) and EU Commisisioner responsable for the Economy and Monetary Affairs Joaquim Almunia (R) take part in a joint press conference after the Eurogroup working session along...
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Eurogroup President Jean-Claude Juncker (C), the President of the European Central Bank (ECB) Jean-Claude Trichet (L) and EU Commisisioner responsable for the Economy and Monetary Affairs Joaquim Almunia (R) take part in a joint press conference after the Eurogroup working session along...
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Eurogroup President Jean-Claude Juncker (C), the President of the European Central Bank (ECB) Jean-Claude Trichet (L) and EU Commisisioner responsable for the Economy and Monetary Affairs Joaquim Almunia take part in a joint press conference after the Eurogroup working session alongside...
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Eurogroup President Jean-Claude Juncker (C), the President of the European Central Bank (ECB) Jean-Claude Trichet (L) and EU Commisisioner responsable for the Economy and Monetary Affairs Joaquim Almunia take part in a joint press conference after the Eurogroup working session alongside...
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Eurogroup President Jean-Claude Juncker (C), the President of the European Central Bank (ECB) Jean-Claude Trichet (L) and EU Commisisioner responsable for the Economy and Monetary Affairs Joaquim Almunia (R) take part in a joint press conference after the Eurogroup working session along...
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Eurogroup President Jean-Claude Juncker (L), the President of the European Central Bank (ECB) Jean-Claude Trichet (C) and EU Commisisioner responsable for the Economy and Monetary Affairs Joaquim Almunia (R) take part in a joint press conference after the Eurogroup working session along...
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Getty Images
Eurogroup President Jean-Claude Juncker (C), the President of the European Central Bank (ECB) Jean-Claude Trichet (L) and EU Commisisioner responsable for the Economy and Monetary Affairs Joaquim Almunia (R) take part in a joint press conference after the Eurogroup working session along...
View Photo »
Getty Images
President of the European Cental Bank (ECB) Jean-Claude Trichet gives a press conference after a meeting of the governing Council of the European Cental Bank (ECB) on October 8, 2009 in Venice. Trichet said that a US statement in support of a strong dollar was 'extremely important.'
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We very much share that view expressed by the Treasury secretary and we also share the views expressed by (Federal Reserve chairman) Ben Bernanke
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European Central Bank President Jean-Claude Trichet led the region's finance chiefs in pushing China to let the yuan strengthen amid mounting concern the euro is shouldering too much of the burden of a sliding dollar. Some currencies 'have in the medium run to appreciate,' Trichet said...
SOURCE: Safehaven
