Wednesday, February 10, 2010

summary Feb 10, 2010

The market is waiting for Europe to take action on Greece. The most likely case is a vague pledge of support from Germany and France on condition of Greece government implementing the spending cuts.

China's PPI number is 4.3% which is very high. The inflation is going to be a big problem if China does not tighten aggressively.

Closing Value
Portfolio 1 (U$): 111005
Portfolio 2 (C$): 80393

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