A Bullish Number

Tuesday’s late reversal had investors worried that a Hope Rally was fading quickly. But we should note that stock price moves always have a lot to… Read more

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

The Fed Speaks

After Congressional Republicans sent Fed Chief Bernanke a letter that politely demanded the Fed cease on desist on all stimulus activities, I half… 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

Wanted: Better Data, Not QE3


Stocks are up today, so far. Speculation that the Fed will not be able to resist more quantitative easing is… Read more

Stocks Get Crushed

How badly did investors want to put their cash into safe-havens during yesterday’s huge sell-off? Money market rates went negative at one… Read more

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