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Wednesday, December 7, 2011

Tricky times

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It's been a funny week in the financials with everyone waiting on the big EU summit on Friday. It's kinda exciting to see which way it's all gonna go and it no matter what 'side' you are on, at least it's starting to finally come to a head. There's been a lot of uncertainty and I find it difficult to trade so hopefully by the new year we will at least know where we stand.

Regarding Betfair, the Irish government has announced in the budget that they plan to tax betting exchanges. How this will work remains to be seen and it seems very hard to police. There have been announcements on this before and nothing has happened so I'll see what happens over the next few weeks before I worry too much about it.

Anyway, I'll leave you all with this picture. Ciao!

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