Looking ahead September 12th could be pivotal day for two reasons
One thing we talk about in our Investment Survival Workshops is learning to develop a horizon further out than tomorrow. I know that sounds obvious but it's harder to do than you think. Most people…
If it's 2008 redux, there is one big difference. It's Summer not Fall.
Everyone is nervous about Europe. Me too. I have no way of knowing how much of this is already priced in the market. You'd have to say a lot based on the violent reaction in the oil patch, some…
Euro like a bad marriage that's too expensive to leave
I've been struggling with a metaphor to describe the state of affairs in Europe. I've got it now. It's a bad marriage . All parties now realize they'd be better off ending it except they can't…
Soros says Europe has three months to avoid catastrophe
I don't pretend to know what's going to happen but I've said many times, the world would be much better off without the euro. For reasons beyond my comprehension, the Europeans seem hell bent on…
Japan Is Never Going To Default, And The Kyle Bass Trade Will Be A Disaster - Business Insider
Kyle Bass's Most Famous Trade Is A Disaster, And It Is Never Going To Work Out Joe Weisenthal | May 20, 2012, 6:42 AM | 23,775 | Kyle Bass was one of the handful of hedge funders who made a…
Spain’s Banking Rescue Should Become Example for Europe - Bloomberg
Spain’s Banking Rescue Should Become Example for Europe Europe’s leaders can’t save their currency union without figuring out a way to salvage the region’s banks. Spain is a perfect place to…
Who Lost the Euro? - Businessweek
Opening Remarks Who Lost the Euro? By Clive Crook on May 24, 2012 Tweet Facebook LinkedIn Google Plus 19 Comments The arc of Europe’s postwar history is turning toward tragedy. It isn’t just…
European Banks Unprepared for Greek Exit From Euro - Yahoo! Finance
European Banks Unprepared for Greek Exit From EuroBy Elena Logutenkova, Liam Vaughan and Gavin Finch | Bloomberg – 1 hour 27 minutes ago Europe's banks, sitting on $1.19 trillion of debt to Spain,…
Greece A Result Of A Greedy Goldman? Nahhhh...
Back in 2001, Greece had a problem. The struggling country's debt levels were simply too high to qualify for admittance to the European Union. While these regulations were in place to protect the…