financial news

I have been writing about the global growth slowdown for the better part of a year now. All around, there is economic weakness and more limited policy space to counteract it. And the problem here is that there is no one to do any heavy…

The biggest news is that the EU is already backtracking on the Euro summit deal that decoupled the sovereign-bank tie which had been causing Spanish and Italian yields to rise. And predictably, Spanish and Italian yields have risen once…

The data today were pretty mixed. Brazil is showing more signs of slowing as industrial production there dropped for the third month in a row. What's more is that this puts Brazil back to numbers from 2009 when we were recovering from a…

Here's a second batch of links. I think the Bloomberg piece on Spanish banks is a big highlight here. Essentially, Bloomberg tells us that Spain may be overestimating bank profits and therefore underestimating the capital shortfall of its…

I have a ton of links so I am going to break them up into groups. Here's the first bunch from late last week. Three topics are most interesting.

Research in Motion, the Canadian company that makes Blackberry handsets has just turned in an abysmal quarter's earnings. Across the board, from the top line, to operating earnings, to the bottom line, and to unit sales, results were poor.…

Links from the past couple of days featuring articles on price stability, mobile competition and the European crisis and much more.

Germany, Spain, Italy and France have met to hammer out a unified front ahead of the upcoming European summit and Spanish bailout. This is likely a fleshed out version of the G-20 plan that Barack Obama was privy to. Their answer is the 120…

In the tech world the big news is Microsoft's unveiling of the Surface Tablet and Windows Phone 8 on back to back days. There is a lot of positive buzz around these two initiatives. The question, of course, is whether it will vault…

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.