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After a marathon negotiating session, Greece appears to have struck a deal for additional bailout funds from the Eurozone. However, all is not well within the Adriatic country and it will remain to be...
Greece is saved? All over the planet, news headlines are boldly proclaiming that a “deal” has been reached that will give Greece the money that it needs and keep it in the eurozone. But as...
Greek Boat Rental taken by the group from Europe for 80 billion Euro… Prime Minister Alexis Tsipras surrendered to European demands for immediate action to qualify for up to 86 billion euros...
Tuesday’s busy day of economic releases will resonate with the crowd now that the Grexit risk is no longer a real and present danger. The markets will be keenly focused on the Eurozone’s...
With the impending release of Sports Directs's (LONDON:SPD) full-year earnings on July 16, it’s worth taking a look at what has been one of the biggest success stories in the retail sector in...
While I’m not Nostradamus, I observed here, soon after the Syriza government took office, that its then-new Finance Minister, Yanis Varoufakis, believed in the single currency for the Eurozone....
US retail sales are expected to increase 0.2% in tomorrow’s June report vs. the previous month, according to The Capital Spectator’s average point forecast for several econometric...
Humiliation Complete:So this is it. Greece has now surrendered much of its sovereignty to Europe, led by Germany, in return for an €86 billion bailout program, which will keep the embattled...
Reality set in for investors last week: Tremors are shaking up the global markets.A “no” vote from the Greek referendum last Sunday, the vast stock market selloff in China, and the...
IntroductionThere is nothing really new to report. The important point: this drama will not end well. Below, I discuss the economic meaning of “austerity” and consider whether the IMF will...
In the midst of an intense global economic slowdown that began in 2008, China’s economy amazingly appeared to be unaffected. Defying the world-wide real estate collapse, China’s GDP grew...
A ‘Grexit’ Has Been Averted!Surprise in Europe! After months of difficult negotiations, eurozone finance ministers and the Greek government seem to have found common ground! In order to...
In the last article "An indication of PPT failure", many readers wrote in and either asked what the various acronyms were or admonished me for using so many without explaining them. I will try in the...
Euromarkets AdvancedThe European indices started with profits today as they were affected positively by the developments in Greece, as a deal was finally reached between the two sides for financial...
European stock markets have opened strong on Tuesday as a new bailout plan is approved for Greece. European leaders have reached a unanimous agreement after lengthy overnight discussions and are ready...