Stock markets
June and Second Quarter 2020 in Figures
June 30, 2020
The second quarter will be best remembered for the strong advances of stock markets after the first quarter’s debacle. Share price strength continued into June. There were no central bank interest changes in the countries featured in this update during the quarter, and net changes in 10-year sovereign debt yields were very small in June. […] More
Sleepless at The White House
December 24, 2018
The Christmas break, which has begun in many countries around the world, has not halted the the Byzantine atmosphere surrounding the U.S. White House. Defense Secretary Mattis resigned but agreed to stay on through February 28, but President Trump has asked him to be gone by January 1st. The President is reportedly also seeking ways […] More
A Sense of No Hope for the Euro
November 25, 2011
Investors are betting that European and U.S. politicians have no more tricks up their sleeve. Fitch downgraded Portuguese debt, and Moody’s did the same for Hungarian debt. ECB officials aren’t budging on their insistence that fiscal policymakers, not they, must solve the euro crisis. Portuguese street protests against budget cuts persist. The euro lost another […] More
