Search Results for: US economy
Eurozone’s Greek Deal: What investors, analysts and strategists are saying
July 13th, 2015
Stock markets in Europe rose sharply Monday after eurozone leaders said they would give Greece another bailout provided that the government implements a round of austerity measures in the coming days. Here is what some investors, analysts and strategists are saying. Matthew ...
EU Demands Complete Capitulation From Tsipras
July 13th, 2015
European leaders gave Greek Prime Minister Alexis Tsipras a straightforward choice: ditch his principles or quit the euro. Tsipras was presented with a laundry list of unfinished business from Greece’s previous bailouts at an emergency summit that stretched in ...
The Neo-Marxist Threat to National Economies
July 10th, 2015
The theatricals and melodrama of the current Greek crisis mask a far more serious issue than mere political entertainment. The self-created sequence of threats to Greece i.e. sovereign debt default, bankruptcy, Eurozone exit and relegation to the status of ...
China tries to calm stock market Chaos
July 10th, 2015
As panic grips China’s markets, authorities have unleased a range of weapons China’s stock markets are in the midst of a crash, and with panic spreading, authorities have stepped in with drastic measures to prevent a looming disaster. Over ...
Oil prices rise on China stocks rebound, Greek deal hopes
July 10th, 2015
Oil prices rose on Friday on hopes that the Greek debt crisis could be resolved and as Chinese stocks rebounded, but analysts said bigger jumps were unlikely as global crude production remained high. Greece has tabled a cash-for-reforms proposal to ...
Greece Enters Its Crack-Up Boom
July 9th, 2015
The Austrian School of economics has a concept called a “crack-up boom” in which a critical mass of people conclude that their government is actively trying to devalue its currency. Consumers respond by front-running the government, spending their paychecks ...
Post Referendum, Greece Will Not Leave The Eurozone
July 9th, 2015
Summary Even after the large victory of the “No” at the referendum, Greece will not leave the Eurozone. This is certainly the reason why financial markets kept a relatively cool head in the turmoil of this Monday. Let’s dig ...
Greek debt crisis: Where do other eurozone countries stand?
July 9th, 2015
Eurozone leaders are back in Brussels to discuss how to deal with the growing debt crisis in Greece. Greek voters overwhelmingly rejected the terms of an international bailout on Sunday. Although some countries are keen to strike a compromise, ...
Greece is bad but this is worse. The Chinese stock market
July 9th, 2015
The twin fears of China and Greece will hang over markets Thursday with China increasingly the bigger concern. “There’s definitely an issue if we see a further correction in the Chinese stock market,” said Russ Koesterich, BlackRock’s chief investment ...
China stocks rise after Beijing slaps curbs on selling
July 9th, 2015
Chinese stocks rallied on Thursday after the securities regulator banned shareholders with large stakes in listed firms from selling, in Beijing’s most drastic step yet to stem a sell-off that has roiled global financial markets. As the daily drumbeat ...