|
|
Michael Snyder: Would you pool your debt with a bunch of debt addicts that have no intention of reducing their wild spending habits? Of course you wouldn’t. But that is exactly what Germany (NYSEARCA:EWG) is being asked to do. Increasingly, “eurobonds” Read more…
Jeff Nielson: Austerity has failed. You won’t see that in any of the headlines from the media propaganda machine, and for a very good reason: our intellectually bankrupt governments have no “Plan B”. Read more…
Chris Ciovacco: On May 6 with the S&P 500 (INDEXSP:.INX) trading at 1,369, we presented evidence of slowing bullish momentum. Thus far, we have seen little in the way of hard evidence to suggest a bottom was reached last Friday. However, we have seen enough to suggest Read more…
Stocks posted strong gains on Monday, but on light trade. All the major indices closed higher on the day. The Nasdaq led the advance, as it tacked on an impressive 2.4%. The S&P MidCap 400 and the small-cap Russell 2000 gained 2.2% and 2.3% respectively. Read more…
Stoyan Bojinov: Predicting the future is not easy, it might even be impossible. However, anticipating the recent wave of fear in the markets should have been a no-brainer. Seriously. Anyone with a 2012 European parliamentary elections calendar could have speculated Read more…
Stocks were hit hard for a fifth consecutive day on Friday on a big spike in trade. Friday ended the worst week of the year for the market. For the day, both the Nasdaq and the S&P MidCap 400 slumped 1.2%, while the small-cap Russell 2000 dropped 1.0%. Read more…
Michael Snyder: During an appearance on Meet The Press on Sunday, Jim Cramer of CNBC boldly predicted that “financial anarchy” is coming to Europe Read more…
Michael Snyder: With each passing day, the banking crisis in Europe escalates. European banks (NYSEARCA:EUFN) are having their credit ratings downgraded in waves, bond yields are soaring and billions of euros are being pulled out of banks all across the eurozone. Read more…
Michael Snyder: Money is being pulled out of Greek (NYSEARCA:GREK) banks at an alarming rate, and if something dramatic is not done quickly Greek banks are going to start dropping like flies. As I detailed yesterday, people do not want to be stuck with euros Read more…
JR Crooks: Financialization is the process of turning tangible, intangible, future or present promises into financial instruments. And it can be scary for the global economy. But we appear more afraid of its potential absence. Read more…
Mike Larson: Europe is a lovely place to visit. The amazing architecture. The outstanding food. The multitude of cultures and languages. Personally, I can’t wait to honeymoon there in June! Read more…
Michael Snyder: What was considered unthinkable a few months ago has now become probable. All over the globe there are headlines proclaiming that a Greek exit from the euro Read more…
Daniela Pylypczak: To say the least, the world economy has had a bumpy ride since the onslaught of the unprecedented financial crisis that rocked the world in 2008. Despite several glimmers of hope in the U.S.’s ability to bounce back, Euro Read more…
Michael Snyder: The results of the elections in France (NYSEARCA:EWQ) and Greece have made it abundantly clear that there is a tremendous backlash against the austerity approach that Germany (NYSEARCA:EWG) has been pushing. Read more…
Jack Crooks: If you pay attention to finance and economics, you probably understand the common argument against the U.S. dollar (NYSEARCA:UUP): Read more…
Most Comments