The United States has been getting its economy in order, creating opportunities for stronger growth and a continuation of its long-running bull market. But, apparently, that’s not enough to prevent…
ECB: Cheap Oil Is the Problem, Not Iran’s Nukes
If the European Central Bank (ECB) is to be believed, the biggest threat from the Middle East is not Iran getting nukes, it’s Saudi oil. What’s the big deal? Saudis…
Alexis the Not-So-Great
A lot can happen in 2,500 years. Back in its day, Greece ruled the world – albeit, it was a much smaller world. But that was a long, long time…
Talking the Talk
When’s the last time you’ve heard anything about the sovereign debt crisis? We’ve seen more activity in a tortoise than we’ve seen in Europe of late. Maybe Vladimir Putin needs…
The Age of Low Expectations
Observing today’s global economy is like watching Adam Sandler’s best movie. It’s horrible, but it could be worse. Consider what passes for improvement today: Europe is no longer in a…
Two Banks With a Country Attached
Cyprus? Really? The population of Cyprus is just north of 1 million people. In comparison, the Boston area has a population of 4.6 million. Greece has a population of about…
Europe – The Weakest Link
With the election, sequestration showdown and other pressing domestic news, we’ve hardly had time to think about Europe. Yet the continent is as troubled as ever and is crying out…
The Good News: No More Election Ads
In the wake of Tuesday’s re-election of President Obama, the Dow Jones Industrial Average fell 434 points in two days, a drop of 3.3%. That’s better than when he was…
The Other QE
It’s not QE3, the Fed’s highly anticipated and much discussed quantitative easing program, but the European Central Bank’s (ECB) bond buying program is having a similar impact. Stock markets worldwide…
Dancing With A Cow
While Europe’s sovereign debt crisis has beaten down the U.S. stock market, it has helped the bond market. Because the European bond market is in such poor shape, U.S. bonds…