Most international investors also want to invest in strong economies. After all, why should investors chase weak economies where their efforts may be treated poorly?
You may not want to care any longer, but the implication is that you have to keep caring. You will probably have to keep caring about this for years as European ratings…
So much for any great help from the ECB, France, Germany, and any other entity being able to help the Euro stay together. Rumors have been out that nations have been instructed…
The rumors that Standard & Poor’s is set to downgrade certain European nations after the close is putting pressure on financial markets this Friday. Is it fitting that it is Friday the…
Jon C. Ogg The new question of the week is whether or not Germany will get pulled down into the soup with the rest of Europe on the growing debt woes. A horrible bond auction on…
Jon C. Ogg Greece and the rest of the PIIGS were hurting us for so long that it seems hard to believe that the Europeans are setting a 50% haircut for the Greek sovereign debt and…
Germany is supposed to be immune to losing its “AAA” rating. When we covered “The Nations Which Could Lose Their AAA Ratings” there was no mention of Germany. That was before the…
Italy’s sovereign debt trails only the US and Japan in size. For a relatively small nation with debt totaling 120% of GDP, $2.2 trillion in debt is a big deal. Yesterday’s action…
It is not hard to find ADRs which have sold off by about 50%, and some are worse than that out of Europe. These shares are getting the double-whammy now with a…