The last time Cyprus captured this much of the world’s attention was when Alexander the Great conquered the island in 333 BC. Some commentators are saying the problems in the…
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Posted in Global Economy
Tagged Cyprus, European debt crisis, European Union, Eurozone, Greece, 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
Mario Draghi proclaimed that the European Central Bank (ECB) would be ready to intervene in capital markets to support financial stability in the Eurozone… with conditions. Specifically, Draghi stated that…
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Posted in Global Economy
Tagged Draghi, euro, European Central Bank, Germany, Greece, Italy, Spain
The Greek electorate voted to endure the harsh austerity measures imposed on them by their more prosperous currency partners, and those of us who celebrated Fathers’ Day with one eye…
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Posted in Global Economy
Tagged Eurozone, fiscal policy, Greece
Given the results of the Greek election this past weekend, it seemed that bond vigilantes were on the run. And after greater consideration, I started to imagine what the King…
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Posted in Global Economy
Tagged bonds, Europe debt crisis, Greece, U.S. economy