Emerging Markets
What’s Ahead for Gold
Google (Nasdaq:GOOG) knocked it out of the park last night. The company earned $2.7 billion on $9.72 billion in revenue for the third… Read more
What Does Alcoa’s Earnings Report Mean?
Earnings season got underway with an underwhelming start by Alcoa (NYSE:AA). The company beat on revenues, but missed pretty badly on EPS due… Read more
The Confidence Problem
Stocks just ended their worst quarter since the financial crisis. The
Nasdaq and S&P 500 each lost more than 12%.
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EU Bailout Plan Takes Shape
There’s a rumor making the rounds that EU will forgive 50% of Greek debt
and increase the ESFS bailout fund to 2 trillion euros.
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What Will it Take?
It’s hard not to miss the tone of Germany’s leader, Angela Merkel, who, over the weekend, said Europe must be able to put a “firewall” around … Read more
Where Will the Debt Go?
Forgive me if I am forced to delve into Europe and
its debt again today.
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Is Greek Default Coming?
Germany and France say they will continue to support Greece with bailout money. Greece says austerity measures will be implemented to get… Read more
When Greece Runs Out of Money
It’s becoming increasingly likely that Greece will default on its current debt obligations. Germany just doesn’t seem to have the will to… Read more
How to Play Greek Default
If (when) Greek defaults, European banks will suffer losses to their capital base. They may have to raise cash with secondary offerings… Read more