election

Here's another Tech Ticker segment on the state of the economy. Noted economic bear Gary Shilling believes the US is in recession or will be entering one shortly. His view is that wages have not grown robustly enough to warrant the level of…

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…

It is clear that Greece will be unable to hit their deficit targets. According to Die Zeit, Greece is already lagging on tax revenues and privatization proceeds. This is why the German government is already debating relaxing Greece’s…

Right now Syriza is neck and neck with New Democracy in Greece for the upcoming elections in Greece. So it is worthwhile to take a look at what Syriza is actually saying and what the consequences of their program would be. I have a copy of…

Later this week, I plan to write a more comprehensive post on the European sovereign debt crisis to incorporate what we have learned since the French and Greek elections. Here's a short preview of what I will have to say.

Nationalism is rising throughout Europe as we are expecting far-right parties to now enter parliaments in greece and france to add to the fringe parties in Finland, Austria and the Netherlands. In Germany, the Piratenpartei, another fringe…

Hope may spring eternal, but the presidential victor in 2012 will dictate an economic policy that is stuck in the mud. What then, will break unsustainable imbalances and market interference? Lacking an untoward event, we will wait for the…

I thought now would be a good time to see how my ten surprises for 2012 are tracking as we are nearly a third of the way through the year. I posted these as my first weekly newsletter and these are events that have 1-in-3 odds of happening…

The string of developments has encouraged risk-off behavior. Equity markets are lower. Core bonds are higher. The high beta currencies, such as the freely traded emerging market currencies, the Australian and Canadian dollars, the euro,…

The French premium over Germany rose today to a three-month high. Rumors of a rating downgrade proved wide of the mark, but it reflects the market's anxiety about the outlook for France going forward.