Italy’s recent election has garnered a lot of attention from the media and investors, and justifiably so. The results – a hung parliament, a political party run by an ex-comedian…
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Posted in Global Economy
Tagged Eurozone, foreign currencies, global investing, Italy, politics
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
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
While I was pondering over what to say in this week’s posting, a headline on my market screen repeated the comment that Governor Romney’s plan to eliminate the Department of…
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Posted in Global Economy
Tagged deficit, Europe, housing, Italy
Just as Greek politicians got on track to install a “technocratic” government that would agree to implement the additional austerity measures required to access additional bailout money, Italy’s inability to…
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Posted in Global Economy
Tagged bonds, Europe debt crisis, European Central Bank, Greece, Italy, monetary policy