Member Info for sectorbreakdown

The Tyranny of Numbers in the Eurozone Here is the cold hard truth about the Eurozone. European banks reportedly will have more than 600 billion euros ($787 billion) in redemptions by the end of the year. They come at a time when the banks have sustained billions in capital losses they can't make up. Worse, they've borrowed a staggering 316.3 billion euros ($414.9 billion) from the ECB through March, which is 86% more than the 169.8 billion euros ($222.7 billion) they borrowed in February. This accounts for 28% of total EU-area borrowings from the EU, according to the ECB. There will undoubtedly be more borrowing and more losses ahead as interest rates rise further. The process will not be pleasant: •Credit default swap costs will rise, pushing debt yields to new highs while at the same time making fresh Spanish debt cost-prohibitive; •The Spanish government will force national banks to buy debt at higher rates, triggering capital losses on their bonds; •Those same losses will trigger margin calls, forcing banks to unload segments of their debt and equity portfolios; •Rinse and repeat steps 1-3 until there is no more money, the public revolts, the EU splinters, or all three. Unfortunately, this vicious cycle is already under way. I know of a really good bunker that is ready to inhabit ;-)

Goldman Sachs has been fined $22m (£13.8m) by US regulators to settle charges that some "top clients" may have been tipped off about stocks. The Securities and Exchange Commission (SEC) said that the bank lacked policies to prevent leaks from their weekly "huddles" on equity research. That sort of information includes an analyst's recommendation on whether to buy or sell stocks. As part of the deal, Goldman neither admitted nor denied the charges. The SEC has been criticised over its continued use of settlements where banks do not admit liability in the aftermath of the financial crisis. "Despite being on notice from the SEC about the importance of such controls, Goldman failed to implement policies and procedures that adequately controlled the risk that research analysts could preview upcoming ratings changes with select traders and clients," said Robert Khuzami, the SEC's head of enforcement. The SEC also said these risks were increased by the fact that many of the clients and traders engaged in high-volume trading - where trading algorithms are used to place bets on stocks. Goldman has been the subject of vocal criticism recently. Greg Smith, who headed Goldman's equity derivatives business in Europe, quit the bank in a scathing editorial for the New York Times, saying its environment was "toxic and destructive".

New Business Update and product launch dotDigital Group Plc (AIM:DOTD), the leading provider of search marketing services, digital strategy advice, intuitive software as a service and managed services to digital marketing professionals, is pleased to provide an update on recent new business wins. January to March was another successful quarter for dotDigital, with 465 new customers having signed up to the Company's email marketing services. Particularly noteworthy amongst these are; QinetiQ Group plc, GANT UK Limited, University of Dundee, The National Association for Colitis & Crohn's Disease, The Royal British Legion Poppy Factory, University of Bath (School of Management), University of Chichester, Page Turn Interactive, East Ranfrewshire Council, Royal College of Peadiatrics and Child Health, BNP Paribas Lease Group (Rentals) Limited, Old Mutual Asset Managers, University College London, UK Trade & Investment East and Betfair. The Company is also pleased to announce that dotSurvey, dotDigital's new online survey tool was launched this week. During the beta trial of dotSurvey over 1,000 existing dotMailer clients signed up to test this new product and following positive feedback, the product has now gone live.

Doom ?? Whats he on about ,all fine and dandy in the bunker ;-)

Hiya Mr P ,yeah well done boys keep your money safe atm ,it could get very nasty for a while ,happy to sit on my Dots now,if the market gets a real mullering then we have the cash for a nice bounceback ,JCK still holding off on the gold shares ,will wait till summer and have an Olympic spending spree ;-) Should be lots of Gold medals going cheap lol

Yep i saw it ,unfortunately another great update when the market is getting mullered ,oh well we know we will ok in the long run ,great company and profitable ,it will take time as we know .Still at least the bunker is all spruced up again ,see the Lloyds boys are all uber bearish now ,well we did call it a week ago didnt we ;-) Dot dot cash cash cash ,80% as we said ;-) Hope you didnt get spanked today !!!

You really have got to laugh ,talk on CNBC of the Yanks saying they are decoupling from Europe and deluding themselves that they dont have megabillions of debt as well.........................the poor deluded fookers lol .....................

U.S. Treasury Secretary Geithner said yesterday that the U.S. won't hit the debt limit (ceiling) unitl late in the year. Zerohedge has projected that the debt limit of $16'394 billion will be hit on September 14th, 2012. Presently the National Debt is at $15'596 billion according to the debt clock. The present GDP is at $15'088 billion. September 14th is about 5.5 months away so if we add 1.125% (roughly 2.5% annualised) to GDP we would get GDP at around $15'258 billion. The National Debt is expected to hit $16'394 billion on September 14th so the debt to GDP ratio would be 107.4% versus a present level of 103.4%. The other worrying factor is the political one as the Republicans will most probably make it very difficult for the Obama administration to raise the debt limit prior to the November elections. The National Debt hit 100% of GDP on December 21st, 2011. At the current rate it will be at 109% of GDP by the 21st of December, 2012! We all know the power of compounding interest! We should hit 118.81% of GDP by the December 21st, 2013, 129.5% by 2014, 141.15% by 2015 and 153.86% by December 21st, 2016. Scary stuff I would say. I also expect Fed chairman Bernanke to keep a close eye on these numbers and be ready to start the printing press again just in case economic growth slows down. After all slower economic growth means less income with which to service the national debt!

There are two MARS-URANUS oppositions this year, one on April 20th 2012 (heliocentric) and the other on July 19th 2012 (geocentric) Mars-Uranus oppositions have always been dreadful for stock market. (the last heliocentric opposition was on May 17th 2010 - 11 days after flash crash) Also, on June 25th we will observe a geocentric JUPITER-NEPTUNE square (heliocentric square is in August 2012) which can mean "a bust will follow a boom", increasing the likelihood of recession. (the most recent heliocentric jupiter-neptune squares occured in June 2006 and December 1999) Stock market weakness can continue into October-November 2012, which will witness Mars-Uranus squares. If a recession erupts this year it is very likely that Obama will not be re-elected and 1-2 months after New President's inauguration day stock market finally bottoms (February or March 2013) Lastly, SATURN will be in SCORPIO between October 2012-September 2015, which has always been a very US dollar-friendly environment. (the last episode in the years between 1983 and 1985)

Thats what the the bunker is for ,tip toes quietly off to the safety of 5 foot concrete structure ;-)

Dont forget to draw the curtains ,thought it was a full moon from under this side of the motorway bridge last night ;-)

Seems like there will be plenty of dead Yak to feast upon to get us through the lean months whilst waiting for the ill winds of change to blow in ;-)

Not really looking to add at the mo ,picked up a bit of CW ,i love a good takeover story . My OBT is in profit now ,got my eye on one for tomorrow ,might have a little dabble ,if the Sun Keeps Rising in the morning ?

Take a closer look ??? I was telling you 2 weeks ago you plonker lol ..... Ah well whats new tiger?? Markets are going to break one way or another this week is my guess ,probably know by Friday eh ?

Some sort of technology stuff i dont really understand it ,mobile phones,wireless gadgets an all that stuff ,but they make money and pay a 4p dividend so its not all bad !

Talking of TEG some funny going,s on there today ,something seems to be brewing ,ah well hope it PONgs good as well ! They are a bit touchy on GKP arent they lol Ok who have you been terrorising Dankers ? Hermes? Old Indian lol

Lost my sat nav couldnt find my way back to the computer ;-) Just replied to you on GKP tee hee ;-)

Ok you lot who picked up a million ,come on own up ;-) Dot dot cash cash cash .......................

PON.............G ?? Oh yeah its the sweet smell of profits arghhhhhh beep breath ,in,out ,in out and relaxxxxxxxxxxxxxx

Well surely he feels at home in this share then it has a ticker code "CON" lololol