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Posts related to ‘austerity’

Bonds Sound Recession Warning, Of Sorts (TLT, JNK, AMJ, XLF, FAS)

Posted: May 9, 2012 at 12:13 pm

So, just two weeks ago it looked as though "Sell in May and go away!" was not going to be as strong of a theme in 2012 compared to 2011 ...
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Markets Crater in Asia, Open Off in Europe

Posted: May 7, 2012 at 3:47 am

Fears that new leaders in France and Greece will repudiate austerity and urge other nations in Europe to do so as well pushed Asian stocks deeply lower. The Nikkei fell ...
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Geithner Attacks Austerity

Posted: March 20, 2012 at 6:17 am

Treasury Secretary Tim Geithner will caution austerity measures taken by, or perhaps forced on, many European nations could undermine any recovery there. In comments to the House Financial Services Committee, he ...
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Another Sign of EU Recession, as Industrial Orders Fall

Posted: August 24, 2011 at 6:39 am

The recession beginning to develop in the EU has shown more signs of accelerating. EuroStat reports that, “In June 2011 compared with May 2011, the euro area industrial new orders ...
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June Unemployment And The Last Shuttle

Posted: July 9, 2011 at 8:58 am

Three hours after a dismal jobs report the shuttle Atlantis made the last of 135 flights by the American fleet of orbiters, which extends back to 1981. Atlantis took with ...
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Austerity Watch: 3/22/11 Ireland, Minnesota

Posted: March 22, 2011 at 10:41 am

Austerity Watch Daily covers critical news about national sovereign debt,  Credit Default Swaps, state and municipal deficit actions, and discussions about the US deficit and debt. Here are some highlights ...
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Why Moody’s May Not Have Cut Greece Enough

Posted: March 7, 2011 at 5:04 am

Moody's downgraded Greece's government bond ratings to B1 from Ba1 and said its outlook for the sovereign paper was "negative."  The drop was three notches, an unusual move for a credit ...
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In Race Toward Financial Health, Greece Clears A Very Low Bar

Posted: September 15, 2010 at 4:53 am

Many investors in sovereign debt and euro zone nations which put up hundreds of billions of dollars are anxious to see if Greek moves toward default on its national paper. ...
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Japan Election: The First Blow To Global Austerity Plans

Posted: July 12, 2010 at 5:17 am

The ruling Japanese party, the Democratic Party of Japan (DPJ), lost its control of the upper house of the nation's legislature. The results may make it harder for the DPJ ...
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