sovereign debt crisis

Three events took place last week that will shape the general investment climate in the weeks and months ahead.

The US dollar is firm against all the major and emerging market currencies. Equity markets are lower, giving back all of Friday's gains and more. The euro has dropped 1% and the next level of support is seen near $1.3200.

News links for 11 Dec 2011 on European growth, the sovereign debt crisis, Technology IPOs and patents, US elections and more

Many were disappointed that the EU Summit didn’t conclude with a hard number backstop for the ‘zone’s sovereign debt rolling over next year. We believe if you scratch the surface the bazooka is there.

News links for 9 December 2011 including posts on the European sovereign debt crisis, politics and elections in the US and Russia, and the situation at MF Global

On Thursday the European Banking Authority released the results of the latest European stress tests showing a total capital need of €114.7 billion across 71 banks. While German banks might argue that they got the worst of the surprises,…

Place your wagers; poll embedded on the site. Answers: Yes; No; It depends on what 'solve' means.

The dollar is broadly weaker as sentiment improves in the wake of an agreement on fiscal integration. European officials have struck what appears to be significant agreement; one of the costs is a new split in Europe as the UK and others…

Below is the statement released by euro area governments in support of the policy approach spearheaded by Angela Merkel and Nicholas Sarkozy to deal with the European sovereign debt crisis.

Frederick Sheehan writes that the purpose of this dispatch is to dispel rumors that current front-page treaty talks have any economic meaning. The European and U.S. stock markets react with a 3% or 4% gain after vague announcements, but we…