Market Commentary: Week Ending 11-04-11

2011-11-07T18:08:52+00:00November 7, 2011|Market Commentary|

What makes the money world go around? Confidence and trust makes the money world go around.  The market tension, and eventual rout in 2007-2008, had very much to do with a breakdown in confidence and trust.  The global banking system is dependent upon banks working with one another.  This cooperation between banks is one way banks remain liquid and able to meet obligations.  When these big firms start looking at each other with suspicion, liquidity [...]