at around the 100 level as many of us think.
Almost everyday there are news flashes on our tv news about the banking sector and the troubles around.I think also in the countries or states of people here on this board.
As we may beleave the commentators on current saving plans it looks more then a drop on a hot plate despite the huge amount .They talk about 3 to 5 years until this trouble will be solved but meanwhile what will happen?
The more I read and hear about it ,it's clear to me this wil have great impact all around the world and the likehood is that Europe will recover slower then the USA.
I think earnings will go down and more companies probably will go bankrupt,taken over or will take action by people who has to leave.So not so bright for coming years.
Can demand for oil be substain ??Inventories are low right now but we have only entered the beginning phase of the crisis and not seen the full impact.
If not what I mostly assume then even CLL can go forwards without any problem will this not affect the cashflow and earnings,Maybe this could be a good test if the so called hedging strategy will work now?