Kudrna's Stock Market Talk

Quote of the Day:

We’re not saying that saving solves all problems…

…[but], you can’t spend more than you take in. You can’t live your whole life this way. Everybody knows this…

Angela Merkel (more…)

Quote of the Day:

Spain has absolutely no financing problems or urgent needs.

Luis de Guindos – Spanish Economy Minister (more…)

Quote of the Day:

The republic needs a president who can dedicate himself unhindered to these and other national challenges and enormous international challenges, a president who is supported by the confidence of not only a majority but a wide majority of citizens.

The last few weeks have shown that this trust and therefore my ability to be effective have suffered sustained damage.

Christian Wulff – the EX German President (more…)

Quote of the Day:

That Nicolas Sarkozy needs Madame Merkel says a lot about his situation.

Francois Hollande – Leader of French Socialist Party (Main Opposition To Sarkozy) (more…)

Quote of the Day:

We want Greece to stay in the euro … but I also say there can be no new Greek programme if agreement is not reached with the troika.

Angela Merkel (more…)

Quote of the Day:

Austerity, as painful as it seems (and as much as the Europeans and the Americans say that “we don’t want austerity” under any measure) worked for Asia – and who are we to say that it won’t work for us?

Stephen Roach – Morgan Stanley Asia CEO (more…)

Quote of the Day:

They want to punish Greece, they want to show to other governments that this is not the road to take…

Christian Schulz – Berenberg Chief Economist (more…)

Quote of the Day:

The policy response at the European level has not kept up with the rising challenges in the euro zone

Moritz Kraemer – S&P’s managing director of European sovereign ratings (more…)