Newsletters
Media Appearances
Legal
Tag Archives: eurozone
Bearish on gold? Not by a long shot!
Turn on CNBC or read most of the mainstream investment periodicals and you’ll see all kinds of comments about the happy-go-lucky bull market and a plethora of pokes aimed at those who didn’t buy into the recent bull run. For … Continue reading
Posted in Investing
Tagged China, Earnings, ECB, eurozone, gold, Lenore Hawkins, Spain
Leave a comment
The Fall of Sacred Cows
As global events unfold, the underlying premises which have guided market participants’ reactions to bureaucratic actions are being put to the test and are coming up short. This is going to get a wee bit technical, but bear with me … Continue reading
Posted in Eurozone, Financial Crisis, Macro Trends
Tagged eurozone, Lenore Hawkins, Sacred Cows, sovereign debt
Leave a comment
The New, New Normal
I’m fairly certain that when the G20 convened, many of the attendees believed that as a result of their high-minded meetings, some brilliant announcement would be given to the markets and once again the world would be deemed safe, at … Continue reading
Posted in Eurozone, Financial Crisis
Tagged contagion, ECB, eurozone, Financial Crisis, G20, Lenore Hawkins
Leave a comment
GDP and EFSF, Trick or Treat?
Last week was simply stunning. Barely one quarter of the investing public is now cautious over the market outlook! Well, why not? GDP rose 2.5% and we’re told that there is a plan to save the Eurozone. Phew. Since I’m … Continue reading
Posted in Eurozone, Fed Policy, Financial Crisis, Investing, Market Trends
Tagged eurozone, GDP, Lenore Hawkins, market rally
Leave a comment
The Cycle of Debt with Carmen Reinhart
This week I had the distinct pleasure of enjoying a breakfast with Carmen Reinhart, followed by a discussion on the exceptionally high levels of sovereign and private debt in the U.S. and the Eurozone and the likely economic consequences. The … Continue reading
The European Crisis in Chart Format
My friend Dan Mitchell posted this fantastic graphical description of the potential outcomes for the European sovereign debt crisis on his blog, International Liberty. It was just too good to not share! Dan believes that the middle column is the … Continue reading
Posted in Eurozone, Macro Trends, National Debt
Tagged Dan Mitchell, debt crisis, Default, eurozone, Greece
Leave a comment
Understanding the Eurozone
To understand what is happening in Europe, one needs to first appreciate the context, the raison d’être for the Euro itself. One of the primary goals of the Euro was to prevent the kind of recurring conflicts that spawned two … Continue reading
Posted in Eurozone, Macro Trends, National Debt
Tagged eurozone, Lenore Hawkins, sovereign debt
Leave a comment
Déjà vu all over again?
The market has now risen five days in a row and we’ve been predicting a downtrend. What gives? After a 20% decline in the markets, some sort of temporary uptrend is not surprising. We note that the rise has been … Continue reading
Posted in Eurozone, Financial Crisis, Investing, Macro Trends
Tagged Ben Bernanke, eurozone, Financial Crisis, Lenore Hawkins
Leave a comment
There they go again!
I am endlessly amazed at the mentality of many on Wall Street. So many times in the past few weeks we have heard, “Now is the time to buy! We have oversold markets!” Today we see the markets drop another … Continue reading
Posted in Financial Crisis, Inflation, Investing, Macro Trends, Unemployment
Tagged corporate cash, debt crisis, eurozone, unemployment
Leave a comment
How and Why of Greek Debt
When a nation has more debt than it can manage, it has two options (1) inflate its way out by printing more money or (2) restructure the debt. Typically the most politically feasible solution is to inflate. Generally wages tend … Continue reading