November 9, 2011 by Dan • Commentary

MorningWord: 11/9/11:  I spent most of yesterday afternoon’s 1.5% rally in the SPX scratching my head asking anyone who would listen why a new PM in Italy and Greece, with both nations scrambling to form …

Continue reading
November 9, 2011 by CC • Commentary

NYT ROME — The European debt crisis appeared to claim its most prominent victim on Tuesday when Prime Minister Silvio Berlusconi of Italy, cornered by world markets and humiliated by a parliamentary setback, pledged to …

Continue reading
November 7, 2011 by CC • Commentary

BBC Italy’s PM Silvio Berlusconi is set to face a crucial vote on the budget, amid fears that Italy could be the next victim of the Eurozone debt crisis. Borrowing costs for Italy’s government have …

Continue reading
November 4, 2011 by CC • Commentary

Reuters Stocks rallied for a second day on Thursday as Greece backed away from a proposed referendum that threatened its membership in the euro, which could destabilize global markets. News out of Europe has kept …

Continue reading
November 1, 2011 by CC • Commentary

Here’s a roundup of all the latest moving parts having to do with Greece and the Eurozone bailout Reuters French President Nicolas Sarkozy and German Chancellor Angela Merkel will hold an emergency meeting with Greece …

Continue reading
October 31, 2011 by CC • Commentary

WSJ Well, that wasn’t pretty. Stocks slid right off the opening bell, and then proceeded to continue its descent right into the closing bell, bringing a fine October rally to an ugly end. In the …

Continue reading
October 30, 2011 by Dan • Commentary

Last week was just one of those weeks where you had to join the herd, cover your eyes and put blind faith in generally in-effectual European Policy makers to make money from the long side. …

Continue reading
October 28, 2011 by CC • Commentary

Pragmatic Capitalism Let’s not sugarcoat tonight’s “resolution” – this is merely a temporary measure that will buy them more time to resolve the true cause of the currency crisis.  Let’s take a brief look at …

Continue reading