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Are the authorities letting the rating agencies off the hook? How can that be? [...]
The sovereign risk of Greece as measured by the yield spread between the yield on 10-year government bonds between Greece and Germany sky-rocketed from 200 basis points to the current 584 basis points as the debt crisis in Greece unfolded. Does this represent an opportunity? [...] More on this topic (What's this?) Greece Default Poses A Great Risk For Investors (Money Morning, 11/6/11) Greek Default: This Chart Reveals a Possible Date (Wall Street Daily, 11/4/11) Hedge Funds Sue Greece (HedgeFundBlogger.com by Richard ..., 1/20/12)
The amazing diagram in this post comes courtesy of The New York Times and shows the many billions of euros banks and governments in the shaky PIIGS economies owe each other, as well as their even larger debts to Britain, France and Germany. [...] More on this topic (What's this?) Prepare for Europe – "It's Going to Be Ugly" (Money Morning, 1/16/12) Take Heed! How the European Crisis Could Hurt U.S. Stocks (Wall Street Daily, 1/19/12) Why Silver Prices Are Dropping So Fast (Learn Mining News, 12/14/11)
In this post, Aline van Duyn, US Markets Editor of the Financial Times, sits down with Carmen Reinhart, professor of economics at the University of Maryland and co-author of “This Time is Different”, to discuss financial crises and the role of debt and monetary policy. [...] More on this topic (What's this?) Fasten Your Seat Belts for a Bumpy Ride (Money Morning, 1/2/12) The Best Emerging Markets for 2012 – Part 2 (Wall Street Daily, 12/26/11) 3 Big Banks Report Earnings: What You Need To Know (Investment Underground » Page n..., 1/20/12)
One after the other market indices and economic indicators are back at pre-Lehman levels. However, not all these represent good news, notably a component of the ISM Manufacturing Index dealing with the prices of commodities. [...] More on this topic (What's this?) What the Next Decade Holds for Commodities (Money Morning, 1/20/12) Inflation Proof Your Portfolio With These 5 Stocks (Investment Underground » Page n..., 1/19/12) The Secret to Gold Prices: Real Interest Rates (Wealth Daily, 1/20/12) | ||||||||||||||||||||||||||||||||||||||||
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