Another year, another disaster-averting deal. The latest installment of the Eurozone sovereign debt saga took us to Cyprus, a tiny Mediterranean island with a population on par with Rhode Island…
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Posted in Investing
Tagged Europe debt crisis, European Central Bank, Eurozone, OppChart
Spain has moved to the center of the European crisis in recent months. After a recent trip to Spain, where we met with policymakers, private market participants and academics, I…
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Posted in Global Economy
Tagged Europe debt crisis, Eurozone, Spain
In June, if you had asked a typical investor—whether in U.S. municipal bonds, global equities or Asian corporate debt—about Greece, he or she likely could have described in great detail the…
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Posted in Global Economy
Tagged debt, Europe debt crisis, European Central Bank, Greece
Say what you will about my demeanor, but when it comes to financial markets, I’m an optimist at heart. Therefore, my natural inclination is to look for the positives. And…
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Posted in Global Economy
Tagged Europe debt crisis, France, Italy, Spain
At first glance, the statements coming out of the Euro summit are good news. I have been saying for the past year that, to calm global markets, the transmission mechanism…
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Posted in Global Economy
Tagged Europe debt crisis, European Central Bank, Germany, Spain