From the category archives:

Greece

Well, we are now officially in the middle of a full-blown European debt crisis threatening to spread globally again.  All the more reason we might see further stimulus in the US sooner rather than later.
Ahead of a 2 billion Euro bond auction, Spanish yields soared after ratings agency Fitch downgraded Spanish debt in light of [...]

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Emergency talks on the Euro crisis are now being planned by the G7 – and this is being reflected in first-time ever historic lows on German bund yields.  Investors are now paying for the opportunity to retain the principal value of their investment.  Yields have turned negative.  Yes, let me repeat that.
The 2-yr German bund [...]

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Will Eurobonds be the solution to the European fiscal mess?  There’s so much debt out there already, can more European debt really be the answer?
Nevertheless, the “Eurobond” is what Italian Prime Minister Mario Monti has proposed as a way out of the European debt situation.  Perhaps a Eurobond offering would calm global markets over European [...]

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Europe closed down on more Greek fears Monday, as commentary seemed to agree that it is time for Greece to prepare an exit from the Euro.  Spiegel Online reported that “it is time to admit” that the EU/IMF bailout plan has failed.  Alexis Tsipras, the leader of Greece’s radical left party, proposes Greece cancel the [...]

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We’re all waiting for the Greek collapse.  It hasn’t happened yet, but that means it’s the perfect time for Global X to set up a new, first-ever dedicated Greece-only ETF (GREK).  Why, you might ask, would anyone want to put all their chips on this nation that is either going to a) leave the Euro, [...]

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Economically speaking, 2012 is looking good for central Asian, African and South Asian markets.  The developed world, however, is still struggling with debt overload and market saturation.
The United States is looking at about 1.3% projected GDP growth – nothing exciting, but also nothing to sneeze at when you see some of the other disappointing figures [...]

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Over the past 24 hours, the price of gold has plunged as much as $104/ounce, or 10%, ahead of what looks to be an imminent Greek debt default.  In fact, the past three days have seen the largest consecutive drop in gold prices in 28 years!  The question is why, you might ask.  Debt problems [...]

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