Europe

Polls suggest that in the first round of balloting in late April, Sarkozy is trailing his Socialist challenger Hollande 31%-24.5%. Marina Le Pen's candidacy appears sufficiently strong to deny either candidate a majority in the first round.

This post is a continuation of the ideas for a Greek exit for the euro zone that I published on Friday incorporating specifics that Marshall Auerback has laid out in a separate post and demonstrating why exit is the likely option.

Ten thoughts on the economy and markets that include events in Greece, the US, Sweden, the EU and China.

The austerity regime being adopted throughout Europe, by surplus and deficit countries alike, amid deleveraging, begs the question of where will aggregate demand come from? Moreover, iIf Greece can lower its debt burden by transferring some…

Here's how I see it happening, based on my Italian default post.

Last April I said that unless we see a multi-year recovery economy in which the nagging debt and default issues are entirely removed, economic nationalism will return with a vengeance. And that means political conflict in which the…

This is the reaction to the latest austerity measures proposed for Greece.

Marshall Auerback suggests the Troika's goal in the Greek deal is to make the deal so miserable for the Greek people that the Spanish, Portuguese, Irish and Italians don't even begin to think of trying to get a similar haircut on their…

Concerns over the Greek deal have seen the dollar move higher against most of the majors and EMs EuroStoxx 600 is off its lows but down 0.4%, bank shares down 1.7%; S&P 500 futures down 0.6% Safe have securities are rallying with…

That's the headline from my latest talk on RT's Alyona Show. Before I send you to the clip, let me explain my thinking because I don't think I was really clear in the video.