-
Unsustainability and Transition One Bubble to Rule Them All The Year of the Windshield Godzilla Redux: Disaster A or Disaster B France Is the New Greece US: The Crisis Games Entitlement Unsustainability London, Athens, Geneva, Toronto, and New York “There are decades when nothing happens and there...
-
.........But First, A Word From Our Sponsor.......... Foreign exchange for business - the way it should be Is your business among the many small-to-midsized businesses looking for a better alternative for sending or receiving international payments? Well, solution found. With EverBank, a proven global...
-
We have been assaulted with economic news of all sorts, from every corner of the globe, while trying to watch the Olympics and while we would rather be enjoying summer and decompressing (at least in the Northern hemisphere). But the data keeps coming. My friend John Silvia, the Chief Economist of Wells...
-
It seems like the whole world is expecting Ben and Mario to ride in and save the day with yet more stimulus. But to what effect, I wonder. Is a short-term rise in the market a cure for the basic disease of too much debt? And, as today’s Outside the Box hilariously points out, it can even make things...
-
There Is Gambling in the House? I Am Shocked… Opacity and Credit Default Swaps No Access for Spain Denver, Maine, and Carlsbad Rick: How can you close me up? On what grounds? Captain Renault: I'm shocked, shocked to find that gambling is going on in here! – From the classic scene in...
-
The relationship between high total public debt and interest rates is controversial (to some); and in today’s Outside the Box Van Hoisington and Dr. Lacy Hunt of Hoisington Investment Management tackle the subject head-on, in their “Quarterly Review and Outlook” for Q2 2012. They bring...
-
The Seen and the Unseen The Lion in the Grass Black Swan or Hidden Lion? The Lions of Europe What If the US Trade Balance Became a Surplus? The Bug that Roared Up in the Clouds, or How Do I Stay Connected? Newport, Gloucester, Denver, and Maine The Seen and the Unseen "In the economic sphere an...
-
In This Issue: Investors Are Worried, But So Far No Panic The European Debt Crisis Spreads To Spain Europe’s Cure Is Known, But Will They Take It? Corporate Earnings Are Also A Problem Why Stock Prices Are Holding Up A Red Carpet For “Dividend Aristocrats” The Bottom Line In June, stock...
-
This week I offer a main course, a veritable piece de resistance, for Outside the Box readers, from my friend Rich Yamarone. Rich is Chief Economist for Bloomberg and one really sharp talent. He helps write Bloomberg Brief: Economics , a daily notebook that comes out every business morning with an all...
-
We woke up this weekend to a €100 billion "rescue" of Spanish banks, and the initial reaction of the market was relief. But did we not just see this movie, but with Greek subtitles rather than Spanish? Was this another of those "necessary but not sufficient" plot lines that Europe...
-
IN THIS ISSUE: 1. Spain in a State of Emergency 2. The Failure of Spain’s Bankia SA 3. Latest Red Herring: A Eurozone “Bank Union” Fix 4. The Future of the Euro and the Eurozone 5. Consumer Confidence Heads Further South 6. The Fed: Time for QE3? 7. June 25: The End of Obamacare Rally...
-
Nobody, in my book, slices and dices data more thoroughly or convincingly than Greg Weldon. In this week's Outside the Box, he first dispels the illusion that either of the two most-expected outcomes of the growing eurozone crisis is really any kind of a solution – neither expelling Greece...
-
IN THIS ISSUE: 1. Overview – Greece Default Risk Accelerating 2. Is An Orderly Default by Greece Possible? 3. Greece’s Upcoming Elections Look Grim 4. G-8 Summit Members Ambush Germany’s Merkel 5. Webinar With Yacktman Capital Group on Thursday Overview – Greece Default Risk Accelerating...
-
Waving the White Flag Viva Los Rescates Financieros de los Bancos Contagion is Real It Doesn’t End With Spain New York, Atlanta, and Philadelphia A common mistake that people make when trying to design something completely foolproof is to underestimate the ingenuity of complete fools. - Douglas...
-
It really does seem to be All Spain All the Time, but there is a reason. Unlike Greece, Spain makes a difference to the eurozone. It may be both too big to allow to fail and too big to save. Last week I came across a very informative 50-page PowerPoint on the situation in Spain from Carmel Asset Management...