Crunchtime for the eurozone
Europe remains stuck as it faces problems that only money printing will solve. And that ‘solution’ will only delay the day of reckoning.
Europe remains stuck as it faces problems that only money printing will solve. And that ‘solution’ will only delay the day of reckoning.
An alphabet soup of financial maneuvers allows Europe to dodge the most recent round of bank crisis bullets. But government debt worries linger.
We’re seeing both extreme downside pressures and an angst-ridden relief rally. It’s hard to tell which way the deadlock will break, but whatever happens, the move is likely to be big.
Don’t let recent market machinations make you miss out on growth opportunities — wherever you find them. Right now, Mongolia has the makings of a success story.
A pivotal week lies ahead, as US and European central banks decide whether to push more cash into the economy. But money printing is part of the problem.
More volatility lies ahead as bank worries here and overseas continue to rattle markets. The focus instead should be on how central banks are debasing their currencies.
What the gold bears don’t seem to realize is that, despite its big gains, the gold market can’t be a bubble when almost everyone seems to think it’s overpriced.
The precious metal was due for a correction, and we may be seeing that now. Can gold maintain its luster for investors?
As Europe struggles to keep the euro and its banking system viable, instability there could come home to roost in the US.
The debt downgrade and turmoil that has followed have shaken the world’s confidence in the US dollar and its leadership. But pain could be the motivation we need to fix the core problems.
The market is looking at the wrong measures when it comes to companies mining gold. When it catches on, these stocks will rise. Also: Warming up the printing presses.
No matter how dramatic the politics around the debt ceiling become, it’s just theater. The reality is that government is out of control, tax revenues must rise and spending must fall.
When strong earnings from tech titans like these can’t fuel much of a rally, there’s downside ahead. Also: Europe plays another round of kick-the-can.
Fed chief Bernanke is hovering, ready to respond to US economic weakness with more stimulus; Europe wishes it could use the same ‘fix.’
From Greece to the US, in a world filled with money printing, there always seems to be a way to delay the day of reckoning. Plus: What lies ahead for the tech sector.
Some supposedly safe places for cash are exposing savers to surprising amounts of European debt — and the hazards that go with it.
The market is likely to keep leaking until the Federal Reserve plugs it with more easy money. And that will only lead to further trouble.
Talk of a recovery seems premature, as job, real-estate and budget woes continue to weigh on the economy. The path to a real recovery will be painful.
Greece’s financial saga will end, at some point, in default. Plus: The Fed is fooling itself on inflation, and why housing is still a mess.
Congressional posturing notwithstanding, the government’s balance sheet and budgetary problems aren’t likely to be resolved anytime soon.