“Same same but different” is a saying I learned from some Singaporean friends – and that’s how 2008 vs 2011 feels like. For starters the bi-partisan government continues to play a negative role in the markets (remember when a divided government was actually viewed as a positive?), we saw it with TARP and we are seeing it with the debt-ceiling debate. In 2008 banks capital was under pressure…
View the full post at http://blog.t3live.com
