financial news

I have said it in the past, but it bears repeating now in view of poor German economic data, as difficult as the austerity/bailout dance has been , it will become even more difficult in a downturn which affects Germany and other core…

Daily commentary Just a quick word here on three interlocking stories involving Spain and Germany that have come up via the US and European press. Right now, Spain is at the center of the European sovereign debt crisis. The spread…

Note: Before I begin today's summary, I should note that my schedule will be very spotty over the next three weeks as I am on a working vacation. That means I will not be at work but I will be posting to the blog from time to time. I also…

Two topics today: The first is Spain and the second is record high oil prices.

For most market watchers, it shouldn't be a surprise that easy money has an (intended) effect on markets in increasing risk appetite as 'risk-free' returns diminish. This cycle is no different. A number of today's articles point to a…

The Empire State Manufacturing numbers showed greater growth for both production and employment than in the previous survey. These are the kind of numbers that are supportive of recovery. Nevertheless, the peak in disposable personal income…

Daily commentary Since I have a decent amount of links, I thought i would do a special Sunday daily commentary. The issue I wanted to highlight is credit and how it gets created. At some point I may make a longer version of this to flesh…

The FT has a great story on Amazon out today that is a must-read. It chronicles how deeply Amazon has become embedded in the architecture of the retail world in today's digital age. In the other bit of tech news that I thought noteworthy,…

Most of the links are about Europe as usual but I think the breadth of news today is good. I would like to highlight the conflicting economy stories out there. While Europe remains mired in recession, the rest of the world is still…

The great thing about micro is that when you step away from the scary macro headlines, there is a fair bit of competition and innovation going on in the world. The technology sector is a big part about that.