-
Archives
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
-
Meta
Tag Archives: The Euro
The euro crisis reaches the core
Greece, as it turns out, was the Eurozone’s canary. The canary was resuscitated and a small rescue mechanism was set up to revive a further canary or two – but beyond this the warning was ignored. The miners kept on working. They convinced themselves that this was the canary’s problem. Continue reading
The Contagion Risk of Europe
About the only thing there was seeming consensus on in Europe was that Greece will eventually default. The question is when. European leaders, along with the IMF, have caved and will give Greece €12 billion to tide them over while they debate on finding €70-100 sometime late next month. Continue reading
A Random Walk Through the Minefield
In the last 48 hours, so much news has come out of Europe that has me frankly shaking my head. It is a strange game of brinksmanship they are playing, and it is one we should be paying attention to (as if the brinkmanship played by US politicians over the debt ceiling is not enough). This week we look at what seems to be European leaders taking random walks through the minefield at the very heart of the European Experiment. Continue reading
Posted in Economic News, Fresh Perspectives
Tagged Debt, GDP, Greece, Greek Default, Interest Rates, Ireland, Portugal, Spain, The Euro, The Fed
Leave a comment
Thinking the Unthinkable
“We have seen the stock market go up and the small-cap stock indexes go up even more.”
Really? Is it the third mandate of the Fed now to foster a rising stock market? I wonder what the Fed’s target for the S&P is for the end of the year? That would be an interesting bit of information. Are we going to target other asset classes? Continue reading
Posted in Banking and Finance, Fresh Perspectives, Home Economics, Newsletter
Tagged Interest Rates, Stock Market, The Euro, The Fed
Leave a comment
Ireland’s rescue package: Disaster for Ireland, bad omen for the Eurozone
The Irish “rescue package” finalised over the weekend is a disaster. You can say one thing for the European Commission, the ECB, and the German government – they never miss an opportunity to make things worse. Continue reading