zerohedge.com / by Daniuel Stelter via The Globalist.com / 03/26/2015 11:01
The political pressure on Germany is rising in Europe. The country faces a choice: Continue business as usual or change the strategy?
Only the latter option may give it real influence on shaping the future course of economic and political affairs in Europe. Playing […]
zerohedge.com / by Tyler Durden on 03/26/2015 10:36
Nearly a month after the Hype Alpe Adria bad bank Heta Asset Resolution “unexpectedly” imploded under a house of non-GAAP and misreported cards, and which led to only the second European creditor bail-in after Cyprus in what until then was considered the safest European nation, unleashing a […]
zerohedge.com / by Tyler Durden on 03/25/2015 11:02
Greece is negotiating with its eurozone creditors to get more aid before the indebted government runs out of cash. Here’s what Greece owes, when.
globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / Wednesday, March 25, 2015 5:30 AM
Eurozone watchers have said 11th hour so many times that no one believes it any more. To place new emphasis on the plight of Greece it’s now allegedly 1 minute to midnight.
Given that Greek funds were supposed to last until April […]
wolfstreet.com / by Wolf Richter • March 24, 2015
The Eurozone’s recovery is now blazing forward into practically uncharted territory. Just today we learned that Eurozone business activity in March, as measured by the Composite PMI, which includes manufacturing and services, showed moderate growth that hit a 46-month high. It was fueled by new orders. […]
kingworldnews.com / March 24, 2015
Today a legend who was recently asked by the Chinese government to give a speech to government officials in China sent King World News a powerful piece that warns as major cracks appear in the global financial system, it’s everyone, every currency and every central bank for itself.
zerohedge.com / by Tyler Durden / 03/24/2015 06:50 -0400
It is a centrally-planned “market” and everyone is merely a bystander. Last night, following a dramatic China PMI miss, which as previously reported tumbled to the worst print since early 2014 and is flashing a “hard-landing” warning, the Shanghai Composite first dipped then spiked because all […]
wallstreetexaminer.com / by Anthony B. Sanders, Courtesy of Confounded Interest • March 22, 2015
Surprise! The Citi US Economic Surprise Index keeps plunging downwards.
The Citi Economic Surprise Indices measure data surprises relative to market expectations. A positive reading means that data releases have been stronger than expected and a negative reading means that […]
wolfstreet.com / by Wolf Richter • March 20, 2015
This is just the beginning, a new trend that may well turn into the next craze. ECB President Mario Draghi, in his infinite wisdom, asked for it: he’d driven the ECB deposit rate deeper into the negative, to -0.2%, and has promised to buy €60 […]
wallstreetexaminer.com / by Shah Gilani, Courtesy of Money Morning / March 20, 2015
The interesting news coming out of Federal Reserve Chairwoman Janet Yellen‘s Q&A Wednesday was her response to a question about bad bank “culture.”
Apparently, it’s not the Fed’s concern.
Yellen said, “While changing the culture of organizations is not something that […]
goldcore.com / By Mark O’Byrne / March 20, 2015
-Capital Economics chart-based analysis sees gold ending year higher at $1,400 per ounce -Sees a remote possibility of gold falling to $850 per ounce -A “Grexit” may cause gold to surge to $2,000 per ounce
Julian Jessop from Capital Economics has written an interesting short […]
investmentwatchblog.com / BY JOHN WARD / March 18th, 2015
At last – the Finger!
With a week to go before Independence Day, as Greek interior minister Voutsis ruled during today’s Parliamentary bunfight, the new Poverty Relief Bill “doesn’t violate the agreement” signed with the Eurogroupe, and so it will pass into Law.
caseyresearch.com / Chuck Butler / March 18, 2015
In This Issue.
* Waiting for the Fed * Housing slips again * Currencies range bound * Eurozone growth expected to rise
And Now. Today’s A Pfennig For Your Thoughts.
Will they or won’t they.
Good day.And welcome to Wednesday morning. We finally get to see […]
zerohedge.com / by Tyler Durden / 03/17/2015 06:45 -0400
Following yesterday’s inexplicable ramp in stocks, which perhaps was driven by the collapse in oil (which sent energy companies higher because a 30x energy forward PE is cheap), and by the latest battery of disappointing economic data which made it less likely the Fed will […]
zerohedge.com / by Tyler Durden on 03/16/2015 13:53
Repeat after us: the biggest threat facing Europe’s banking system is not a Grexit, is not the Austrian “bad bank” black swan (although it is pretty bad), it is the trillions in non-performing loans on the balance sheets of European banks, which Europe has no idea […]
goldseek.com / BY JAMIE MCGEEVER / Mon Mar 16, 2015 8:27am EDT
(Reuters) – German stocks surged to a record high on Monday as investors shrugged off a bounce by the euro and focussed on the expected boost to corporate earnings from the currency’s recent slump, which saw it touch a 12-year low earlier in […]
zerohedge.com / by Tyler Durden / 03/15/2015 16:53 -0400
Precisely one week ago in “A Black Swan Lands In Southern Austria: The Ripple Effects Of “Mini-Greece Going Off In The Heartland Of Europe“, when analyzing the consequences of the collapse of Austria’s bad bank, we noted perhaps the biggest paradox of Europe’s emergency preparedness […]
globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / Friday, March 13, 2015 2:06 AM
Albert Edwards at Society General emailed a PDF on PE expansion and other equity trends. Albert comments …
“Mario Draghi and the ECB’s manipulation of asset prices make s Greenspan’s Fed look like a rank amateur. More shocking though than the plunge in […]
zerohedge.com / by Tyler Durden / 03/12/2015 06:57 -0400
The global currency wars are getting ever more violent, following yesterday’s unexpected entry of Thailand and South Korea, whose central banks were #23 and #24 to ease monetary conditions in 2015, confirming the threat of a global USD margin call is clear and present (see “The […]
zerohedge.com / by Tyler Durden on 03/11/2015 15:17
Simply put – the Greek economy still consumes more than it earns. Despite a 25% contraction in its economy, a plunge in domestic consumption and a sharp decline in imports, as WSJ reports, Greece is still exporting less than it imports, i.e. its current account is […]