Insights

Wednesday, Sept. 7, 2011 11:23 AM – Stocks Up 2%

In Europe, stocks were higher today. The German Supreme Court rejected appeals to overturn the 2009 Greek bailout package and restrictions for the future were less onerous than anticipated. There was news that Italy and Greece were working to implement austerity...

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Tuesday, Sept. 6, 2011 11:03 AM Europe, US Stocks, Newsletter

Yesterday, Europe lost -4% and headed lower this morning but then turned around and finished mixed. That helped US stocks to open higher than they might have. They opened down -2.5% and have wobbled around since. Tomorrow is the big day this week because the German...

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Friday, August 26, 2011 12:30 PM – Welcome to Japan, Boys!

The revised GDP # for 2Q/2011 was released today as 1.0% growth. That was lower than expectations of 1.4%. That follows 1Q GDP of 0.4%. Welcome to Japan, boys - 1% or less interest rates, a large and rapidly growing national debt, a poor stock market and awfully slow...

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