Tag Archives: The Square Mile

The Bankia Signal

Another Friday, another wait for economic news out of Spain. The results of the second part of an audit of Spain’s banks  – started in May and with particular reference to their funding needs – is likely to be released … Continue reading

Posted in | Tagged , , , , , , , , , , , , , , ,

Fed Decision – A Minority Report

The analogy sort of fits; and what put me in mind of it was the news this week that the FBI has commenced a project to create a hi-tech facial recognition database. We of course, are concerned about a different … Continue reading

Posted in | Tagged , , , , , , , , , , , , , ,

ECB Floats Yield Target Idea; U-Boats Launched

Late this morning the markets seem to have sobered up a bit following earlier barely fettered optimism about a Der Spiegel article over the weekend. It said: “The European Central Bank is considering setting limits on yields of euro area sovereign … Continue reading

Posted in | Tagged , , , , , , , , , , , , , , ,

ECB Bullets To Shoot Down High Hopes [Sorry]

The views below are based on my soundings, readings and common sense. Responsibility my own: ESM banking licence: crisis would need to deteriorate significantly (threaten the core) before such a politically contentious and legally complex policy change is considered. Bear … Continue reading

Posted in | Tagged , , , , , , , , , , , , , , , , , ,

Spain: the Pain the Bailout Forgot

EU leaders hailed it. Merkel & Co. gave their blessing to it. UK leaders nodded in mild approval to it. The IMF applauded it [from the sidelines.] And markets, of course, ‘sold’ it. It’s not that frequent for the political … Continue reading

Posted in | Tagged , , , , , , , , , , , , | 1 Comment

#TheSquareMile #Photo Series: Owl On Clock, Near London Bridge

© Harry Dorset, Autumn 2011; used with permission It’s on a building at 68 King William Street, London EC4N 7HR. Here is the Google StreetView, for a rough idea. [The clock is visible, the owl, not.] Owl Bait: King William … Continue reading

Posted in | Tagged , , , , , , , , , , ,

Chimera at Holborn Viaduct, Autumn 2011 © Harry Dorset, 2011  Click the image to see the approximate location with Google StreetView. The statue in question isn’t very easy to discover with StreetView however; you might just have to visit to … Continue reading

Image | Posted on by | Tagged , , , , , , ,