The Curse Of The Euro: Money Corrupted, Democracy Busted – David Stockman’s Contra Corner 07-17-15

On July 17, 2015   /   Bond Market, David Stockman, Economics, Euro, Europe Economy, France Economy, Germany Economy, Greece Economy, Ireland Economy, Italy Economy, Major Trends, Portugal Economy, Spain Economy  

Salient to Investors: David Stockman writes: Germany has set fire to the Eurozone in order to save it. Lending another $96 billion to a bankrupt country makes no sense, while the fiscal targets set for Greece are ridiculous. Greece has a de facto public debt of $400 billion vs. $200 billion of GDP. Within days the

READ MORE... →
Back to Top

When It Comes To Total Debt, Greece Is Not That Much Worse Than France (Or The USA) – Zero Hedge 07-17-15

On July 17, 2015   /   Europe Economy, France Economy, Germany Economy, Greece Economy, Italy Economy, UK Economy, US Economy  

Salient to Investors: Tyler Durden writes: The IMF has admitted Greece has an unsustainable debt problem. French PM Hollande’s sole focus in the Greek crisis was to preserve near-term stability and his job at any cost – he is guaranteed to lose the 2017 French elections. Once the current generation

READ MORE... →
Back to Top

Alexis Tsipras—-Angel Of Mercy Or “Trusty” Of The Central Bankers’ Debt Prison? – David Stockman’s Contra Corner 06-23-15

On June 23, 2015   /   Bond Market, David Stockman, Economics, Europe Economy, Greece Economy, Italy Economy, US Economy  

Salient to Investors: David Stockman writes: Keynesian central banking has created a worldwide financial bubble. Soaring bond yields and the fear of losing debt market access are the one force that can cause governments to sober-up and acknowledge the facts. Reagan did not want Volcker to ease the intense upward pressure on interest rates and private

READ MORE... →
Back to Top

Income Inequality Significantly Hurts Economic Growth, OECD Says – Bloomberg 12-08-14

On December 8, 2014   /   Economics, Italy Economy, Mexico Economy, OECD, UK Economy, US Economy  

Salient to Investors: The OECD said: Widening inequality creates a drag on economic growth that can be counteracted by tax policies to benefit the less well-off. Changes in wages and salaries have been the biggest direct driver of inequality. The earnings of the 10% best-paid workers have risen relative to the

READ MORE... →
Back to Top
Back to Top

Europe Gaining Confidence Among Investors in Global Poll – Bloomberg 09-11-13

On September 11, 2013   /   Bond Market, China Economy, Commodities, Europe Economy, Europe Stocks, Global Stocks, Gold, Greece Economy, Investment Money Flows, Italy Economy, Japan Economy, Japan Stocks, Real Estate, Spain Economy, UK Economy, US Dollar, US Economy, US Stocks, Yen  

Salient to Investors: A Bloomberg poll of investors, analysts and traders showed: 40% see the euro-area economy as improving, more than 4 times the number in May 40% see the world economy as strengthening, the most since January 2011. 52% expect stocks to produce the best return over the next

READ MORE... →
Back to Top

‘Dr. Doom’ Roubini: U.S. Growth Picture Is Sub-par – BloombergTV 09-06-13

On September 6, 2013   /   Bond Market, Brazil Economy, China Economy, Emerging Market Economies, Europe Economy, Greece Economy, Indonesia Economy, Italy Economy, Nouriel Roubini, South Africa Economy, Spain Economy, Turkey Economy, US Economy  

Salient to Investors: Nouriel Roubini at NYU said: There has been a global recovery in the last year with the US recovery and reduced tail risks of a eurozone breakup and a hard landing in China. The US economy recovery is very fragile, with barely 2% GDP growth expected in

READ MORE... →
Back to Top

OECD Lifts European Growth Forecasts on Recovery – Bloomberg 09-03-13

On September 3, 2013   /   China Economy, Emerging Market Economies, Europe Economy, France Economy, Germany Economy, Italy Economy, UK Economy, US Economy  

Salient to Investors: The OECD said: Germany will expand 0.7 percent in 2013 versus 0.4 percent predicted in May France will grow 0.3 percent in 2013 versus shrinking previously predicted of 0.3 percent The UK will grow 1.5 percent in 2013 versus 0.8 percent predicted in May. In the euro area, re-balancing

READ MORE... →
Back to Top

If You Think Europe Is Fine, Look at Italy – Bloomberg 08-06-13

On August 6, 2013   /   Europe Economy, Italy Economy  

Salient to Investors: Simon Johnson at MIT Sloan writes: Optimists say Europe is on the mend – the ECB is maintaining stimulus, Germany’s export potential remains large, France will continue to be a haven for investors, while struggling countries such as Greece and Portugal represent less than 1/10 th of the euro area’s economic output and population. However Italy

READ MORE... →
Back to Top

Italy to Spain Beckon as Yields Beat Germany: Real Estate – Bloomberg 07-16-13

On July 16, 2013   /   Europe Real Estate, Investment Money Flows, Italy Economy, Italy Real Estate, Spain Economy, Spain Real Estate  

Salient to Investors: Europe’s biggest real estate managers are making their first investments in southern Europe since the financial crisis as low prices and diminishing risk make commercial properties more attractive. Anne Kavanagh at Axa Real Estate Investment Managers said we are at or near the bottom and starting to see

READ MORE... →
Back to Top