Tag Archives: Italy
Saving Europe
There are almost 40 billion euro reasons that Germany wants to replace Merkel. Since the 1992 Maastrich Treaty, the EU was a dream that portended great things – create a trading bloc and a currency. By 2002 the Euro was created with rules that capped GDP deficit spending to 103%. The rules were almost immediately broken and in the same […]
News that Moves Markets: Housing Double Dip, Italy Plunge, Korean Bank Run, ECB Emergency Borrowing, NYSE Short Interest Extremely Low
Reducing the Noise: A look at the stories that really matter A quick perusal of the stories below should result in the immediate understanding of why equity markets are lower this week. The fairly heady equity gains of Feb. have been mostly neutralized in two days. This should not be a surprise to anyone actually paying attention the the signs. From […]
