The Second Crimean War has brought forth wonder, at least among some, at the stock market’s indifference.
BRUSSELS — The European Commission cautioned the new French president against overspending in trying to spur growth and warned that Spain still had a long…
The world gave the appearance of doing nothing and going nowhere over the past month – apart from the sensational liaison of Kim Kardashian and Kanye West, which, some believe, augurs a dazzling speed-up of the much prayed-for economic recovery, return to full employment, $2.50 gasoline by summer, and the selection of Jesus Christ as VP running mate by Mitt Romney – but, in fact, so much trouble is roiling under the surface…
Yields on short-term peripheral sovereign bonds are plunging, despite the fact that EU leaders appeared to make little progress at their highly-anticipated summit last week.
Pundits continue to expound on the flaws of the eurozone but markets are tel…
Gold Falls Off A Cliff As Margin Calls Cream Speculators
By Robert Lenzner | Forbes – Wed, Dec 14, 2011…
We warned you that gold falls when the dollar rises– and you might have noticed the dollar rising as the euro falls– along with European s…
Zeez European politicians unt economists all zound like rocket scientists wiss all zeir charming euro-chatter. But zey must be quite dumb to machen zuch an unglaublich scheiße sturm of zee système financier. Che cazzo è?
Surely all the pretend…
Standard & Poor’s downgrade of the US debt rating and increased tension in the Eurozone debt crisis have significantly increased downside risks and the probability of a bigger market correction in the near term. The downgrade, while not unexpected and …
