
Did yesterday mark the beginning of the end of the euro crisis? The German Constitutional Court judgement removing the legal obstacles to the European Stability … Read More ›
Did yesterday mark the beginning of the end of the euro crisis? The German Constitutional Court judgement removing the legal obstacles to the European Stability … Read More ›
Wall Street, with its overwhelming preponderance of Republican voters, might have had the common courtesy to feign some excitement about Mitt Romney’s big speech last … Read More ›
Sooner or later it was bound to happen. Having disappointed the markets for four straight months in a row, the US payroll report on Friday … Read More ›
Mario Draghi’s combative remarks at the global investment conference in London last week are a must read—not because they change the European game, but for … Read More ›
Now that the Greek election is over, with the pro-bailout parties gaining enough seats for a slim majority, Europe can return to the regular cycle … Read More ›
As my colleagues and I at GaveKal go through the few scant details of the bank bailout offered to Spain, we cannot help but shake … Read More ›
Last month, when Britain surprised the markets by sinking into a double-dip recession, we warned that the two successive quarters of negative GDP figures were … Read More ›
The double-dip recession so dreaded last summer has happened, but not where investors had expected and certainly not with the predicted market results. The announcement … Read More ›
We may have our doubts about Ben Bernanke’s skills in monetary policy, but he certainly has a yen for memorable phrases. The latest term he … Read More ›
Investors continue to have some strange obsessions when assessing the outlook for growth, inflation and resulting US policy responses. Ben Bernanke’s fairly anodyne comments in … Read More ›