TORONTO (MarketWatch) — What happens if the euro zone unravels with Greece, Ireland, Portugal and Spain all leaving at the same time as political gridlock drives the U.S. off a fiscal cliff? What if China was no longer willing to fund the U.S. deficit and there was a dramatic 40% decline in the U.S. dollar?…
Tag Archive for Political Gridlock
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Wall Street Week Ahead: And you thought 2011 was tough?
by Bears Chat at The Wall Street Examiner • • 0 Comments
Wall Street Week Ahead: And you thought 2011 was tough?
By Edward Krudy | Reuters – 29 mins ago…
NEW YORK (Reuters) – Shaky Europe. Political gridlock. Volatile markets.
Familiar themes for those who lived through 2011, and investors should be r…
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IMF Slashes U.S. Forecast, Warns of Recession
by Bears Chat at The Wall Street Examiner • • 0 Comments
IMF Slashes U.S. Forecast, Warns of Recession
Published September 20, 2011
Europe and the United States could slip back into recession next year unless they quickly tackle conomic problems that could infect the rest of the world, the International Mon…
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How Bad Will Economic News Get?
by Bears Chat at The Wall Street Examiner • • 0 Comments
Investors, brace yourselves for more potential chaos.
After a week of massive declines across global financial markets, the stage was set for more selling pressure in Europe and on Wall Street as stock exchanges in Asia opened earlier this morning …
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Bloomberg – Japan’s Debt Rating Cut to AA-
by a Wall Street Examiner • • 0 Comments
At least this dovetails nicely with my poll.
From the article:
“Japan’s credit rating was cut for the first time in nine years by Standard & Poor’s as persistent deflation and political gridlock undermine efforts to reduce a 943 trillion yen ($11…
