The Probable End of the Euro

May 25, 2012, 6:10 AM

Plenty of market commentators are all over the trouble Greece is giving the euro.  Even the EU’s leadership is now openly admitting the need to prepare for... Read »

Pocket of Strength: Turkey Retail Stocks Rally

May 23, 2012, 2:14 PM

To add alpha, we believe investors need to continually seek pockets of strength amidst today’s mire of pessimism. One bright spot we’ve seen lies just east of... Read »

China’s Exclusive Relationship with the U.S. Treasury Revealed

May 22, 2012, 3:02 AM

China can now bypass Wall Street when buying U.S. government debt and go straight to the U.S. Treasury, in what is the Treasury’s first-ever direct relationship... Read »

Greece is Not Real (It’s Nominal)

May 21, 2012, 1:16 PM

Lots of people believe the structural view of the current global recession; some of them are smarter than me.  But everywhere I look I see more and more evidence... Read »

Fed Watch: Closer to Colliding

May 18, 2012, 9:18 AM

Each passing day brings the runaways trains closer to collision. The European strategy to scare the Greek people into voting for pro-austerity parties was always... Read »

Europe’s Depressing Prospects

May 18, 2012, 7:00 AM

Normally I don’t like to write about European prospects in the midst of a very rough patch in the market because in that case there isn’t much I can say that... Read »

Europe Overnight

May 17, 2012, 9:43 AM

European policymakers are trying to sway the vote in Greece.  From the Financial Times: Senior European leaders are attempting to turn Greece’s repeat national... Read »

Is It Time To Develop Secret Antibiotics?

May 17, 2012, 8:07 AM

The world may end in fire; it may end in ice. Or it may end in strep throat. So-called “superbugs” – bacteria that have grown resistant to antibiotics –... Read »

The Impossible Hope of an End to Austerity

May 16, 2012, 8:50 AM

With French and Greek voters rejecting austerity, politicians are once again taking the government spending debate seriously. This column argues that the voters... Read »

China’s Oil Thirst Drives Everything

May 16, 2012, 7:26 AM

The China growth story is still sputtering, but some pillars take longer to collapse then others.  PetroChina has just surpassed Exxon in oil production.  The... Read »

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