sovereign debt crisis

We are baffled by the analysis of the analyst community, some, of which, are not so analytical. They say that Europe’s fundamental problem is that it has a central bank which is unwilling to monetize sizeable debt maturities which…

Risk aversion continues to weigh heavily on equity markets and EZ sovereigns; Dollar mostly firmer across the board. EZ policy developments remain in spotlight with growth expected to slow; UK inflation moderates. In the North American…

This shouldn’t be happening after this weekend’s good political news. The spread widening is weighing on France who will be on the hook for their banks who are heavily exposed to European sovereigns. Where are you ECB?

PIMCO’s Mohamed El-Erian and Bill Gross spoke exclusively with Bloomberg Television’s Tom Keene today from the company’s headquarters in Newport Beach, CA about Europe’s crisis, PIMCO’s investment strategy and Treasury yields. Video…

Look at this chart of the sovereign credit default swap wideners today. Every single name is European. The only one with a sub-10% default possibility is Sweden, and they are not in the euro zone. That tells you something, doesn’t it? I…

The escalation of the European debt crisis and mounting evidence of new economic contraction has increased the scrutiny on the region. Yet it seems like many observers may be failing to grasp several important points, including the nature…

Warren Buffett was on CNBC this morning for three hours talking about a whole range of issues from the European sovereign debt crisis to too big to fail to housing in the US to penalties for corporate crime. The video of Europe is below,…

Markets failed to get a lasting boost from change in EZ governments; dollar broadly higher into open. Italy auction met with decent response, but higher yields nonetheless ; change in governments no panacea in EZ. Japan’s preliminary Q3…

Sources close to the German government have told Reuters that the German Chancellor Angela Merkel is seeking agreement to make changes to the Lisbon Treaty, considered the European Constitution. According to Reuters’ sources, Merkel wants…

Down with the Eurozone - Nouriel Roubini - Project Syndicate For the last decade, the PIIGS (Portugal, Ireland, Italy, Greece, and Spain) were the eurozone's consumers of first and last resort, spending more than their income…