2011

European leaders will meet again on December 9th in an attempt to come up with the solution. The important point, though, is that the probable solution would call for European nations to surrender some sovereignty over fiscal policy to a…

Sean Egan explains that this downgrade came because of increasing concerns that France's banks will have to be bailed out by the government. Video below

Apple has introduced a 'music locker' service which does away with the need to upload most of your music. I have tried it out in addition to Amazon and Google's competing services and I like it, especially the part about not having to…

Mario Draghi has become explicit about what it will take for the ECB to have a more active role in the European sovereign debt crisis.

The Global Macro Monitor posted several pieces earlier in the year about the Presidential Stock Cycle. The third year of a first term President is the strongest year in the cycle. The table illustrates that if the S&P500 doesn’t close…

Starting today and running through next week, there is a key event nearly every day.

ISM - ISM Report - November 2011 Manufacturing ISM Report On Business® "The PMI registered 52.7 percent, an increase of 1.9 percentage points from October's reading of 50.8 percent, indicating expansion in the manufacturing…

Quote by Winston Churchill

Foreign news for 1 December 2011 focuses on Europe, and in particular Spain.

The major currencies are consolidating in yesterday's broad trading ranges, but the "real" action is in the European bond markets, with acceptable auctions in Spain and France, helping support of a bond market rally that was already…