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Durable Goods, Jobless Claims & ‘Tiny’ Timothy Geithner grab spotlight in US Session
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DEFINITION: How would you define yourself as a trader? Disciplined? Aggressive? Creative? We may use many different words to define what we view ourselves as a trader, but in reality it’s our actions that truly define who we are in any career path we chose. Simply put, someone who hunts is a hunter, someone who heals is a healer, and someone who builds is a builder. If we think of ourselves as disciplined traders, we must support those words with the appropriate actions, which can be much easier said than done. Today it’s important to take a moment and think about how you would define yourself in both personal and professional environments. How do you want your kids/grandkids to define you? How would you want your colleagues to remember you when you’ve come and gone? It’s our actions, not our words, that will truly define who we are both to ourselves and to those around us.
– Concerns grow over UK’s AAA sovereign rating after the very poor GDP numbers
– Egan-Jones cuts Italy’s sovereign rating again to CCC+ from B+
– Moody’s followed up its sovereign rating cut on Germany with a similar move to 17 German banking organizations
– ECB’s Nowotny reignited the debate over a banking license for ESM
