Stock markets

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

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