The German government can now borrow money for two years at 0.00%. German T-bill rates are negative. Investors are paying the German government to protect their short-term money. Should we…
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Posted in Global Economy
Tagged bonds, euro, Eurozone, Germany, Greece
Last week, I talked about the risk that Europe might sleepwalk into a deeper and more widespread economic slump. As of now, the news is hardly more encouraging. Greece is…
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Posted in Global Economy
Tagged euro, European Central Bank, Eurozone, Germany, Greece, PIGS
As panic once again grips the financial markets, let me first tell you what I am not scared about. I am most certainly not scared about the current markets. The…
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Posted in Investing
Tagged bonds, Eurozone, Germany, Greece, U.S. economy
The surprising electoral success of a stridently anti-austerity party in Greece has reignited fears that the country may ultimately leave the Eurozone, which could precipitate a severe market reaction amid…
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Posted in Global Economy
Tagged European Central, Eurozone, fiscal policy, Germany, Greece, Spain
What’s Behind China’s Shift in Investment Strategy? All it took was for me to use this space last week to opine that Dow 13K was for real—at least from an…
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Posted in Global Economy
Tagged China, GDP, global investing, Greece