2012

Tomorrow, the Samsung Galaxy S III goes on sale. There has been a lot of hubbub about the phone and all of the reviews have been positive. Likely, this will be a monster sales driver for Samsung.

Perceptions have certainly changed a lot in the last few months. As recently as three years ago there were so few analysts who were skeptical about the sustainability of Chinese growth that we rarely disagreed among ourselves. Now, however,…

According to US administration sources, Barack Obama has received guarantees from European leaders who met Tuesday at the G-20 that soon, likely at next European Council meeting, Europe will announce a comprehensive plan that is designed to…

The latest, with Spanish ten-year debt over 7% and 12-month loans just secured for over 5%, is that the ESM will buy Spanish bonds directly. According to the Guardian, Germany is prepared to use the ESM bailout fund to buy Spanish (and…

The latest Spotify move is significant in terms of its mounting challenge to Pandora in the US. This is going to be a real problem for Pandora and I anticipate that it will not be able to justify its market cap any time soon.

I was on the Alyona Show panel these past two Mondays talking to Alyona and Reason's Anthony Randazzo about the debt crises in the US and Europe. As much as we tried to find something we could disagree on, we ended up agreeing a lot in both…

My view is that the euro zone sovereign debt crisis will end in a combination of monetisation, breakup or default. Let's review why.

Scott Barber of Reuters shows us with the chart below that over the last 30 years bad debt in Spain has tracked unemployment and moved inversely with GDP growth. The higher the percentage of doubtful loans is, the lower GDP growth and the…

Last week, in framing the Greek elections, I reminded you that irrespective of who won the elections in Greece on Sunday, it was clear that Greece would be unable to hit their deficit targets. This is why the German government is already…

Hans-Werner Sinn is the sometimes controversial head of Germany's Ifo Institute, A German-based center for economic studies. He has been in the news for his warnings about the Target2 system at the heart of trans-national money clearance in…