BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Trading the European Union's New Enforcement Rules]]>http://www.bloggingstocks.com/2011/03/16/trading-the-european-unions-new-enforcement-rules/http://www.bloggingstocks.com/2011/03/16/trading-the-european-unions-new-enforcement-rules/http://www.bloggingstocks.com/2011/03/16/trading-the-european-unions-new-enforcement-rules/#commentsFinance ministers in the European Union agreed Tuesday to new reforms designed to improve market confidence, penalize governments that do not follow budget rules, and increase budget discipline. A key aspect of these proposed rules is that any sanctions against E.U. members will be more automatic and less open to any political intervention.

However, Jean Claude Trichet, the head of the European Central Bank, does not believe these reforms go far enough to address the existing problems, stating that the reforms were "insufficient to draw the lessons from the crisis we had to cope with."

Continue reading Trading the European Union's New Enforcement Rules

Trading the European Union's New Enforcement Rules originally appeared on BloggingStocks on Wed, 16 Mar 2011 09:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>EPVEuropean Unionexchange traded fundsfeaturedinthenewsProShares UltraShort MSCI Europe ETFVanguard MSCI European ETFVGKWed, 16 Mar 2011 09:30:00 EST<![CDATA[Google Faces European Anti-Trust Probe]]>http://www.bloggingstocks.com/2010/11/30/google-faces-european-anti-trust-probe/http://www.bloggingstocks.com/2010/11/30/google-faces-european-anti-trust-probe/http://www.bloggingstocks.com/2010/11/30/google-faces-european-anti-trust-probe/#commentsFiled under: ,

Google (GOOG)Google (GOOG) found itself in the news spotlight Tuesday morning. First, the company announced that it is going to make a substantial offer to purchase coupon site Groupon. The other news is that the company now faces a formal investigation from European Union antitrust regulators following complaints from several search providers that Google has abused its "dominant position."

The EU stated, "The Commission will investigate whether Google has abused a dominant market position in online search by allegedly lowering the ranking of unpaid search results of competing services." Back in February, Google reported that a British site (Foundem) and a French legal search engine (ejustice.fr) both accused the company of demoting their sites in Web search results through its search algorithm. The two sites state that this took place because they are rivals.

Continue reading Google Faces European Anti-Trust Probe

Google Faces European Anti-Trust Probe originally appeared on BloggingStocks on Tue, 30 Nov 2010 12:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>anti-trust probeBingejusticeEuropean UnionfeaturedFoundemGOOGGoogleinthenewsinvestigationMicrosoftMSFTsearch enginesTue, 30 Nov 2010 12:30:00 EST<![CDATA[Chasing Value: Stocks and Irish Bailout -- ACN & IBM]]>http://www.bloggingstocks.com/2010/11/29/chasing-value-stocks-and-irish-bailout-acn-and-ibm/http://www.bloggingstocks.com/2010/11/29/chasing-value-stocks-and-irish-bailout-acn-and-ibm/http://www.bloggingstocks.com/2010/11/29/chasing-value-stocks-and-irish-bailout-acn-and-ibm/#commentsFiled under: , , ,

This past weekend the European Union cast a bailout plan for Ireland that should be noted as another highlight reflecting not just the problems in Ireland but more broadly the lackluster potential for anything but a meager increase in the world economy over the next few years. Some will be affected more the others and today Ireland just happens to be the attention grabber, with passions running deep:

  • "This is not a rescue plan. It is the longest ransom note in history: Do what we tell you and you may, in time, get your country back," said Fintan O'Toole, a commentator and author who led a weekend protest by labor-union activists in central Dublin against the imminent bailout. He called the average interest rate being demanded "viciously extortionate."

Despite all the government printing presses running overtime, inflation does not appear to be on the horizon. Wages are going nowhere, rents are stagnant, and pricing power is modest except for the very few. The biggest inflationary pressure has come from oil prices over the past decade, and that is still the most likely commodity to wreak havoc going forward if there is inflationary pressure. Though the clouds over the global economy are thick, there still will be rays of sunshine in the stock market.

Continue reading Chasing Value: Stocks and Irish Bailout -- ACN & IBM

Chasing Value: Stocks and Irish Bailout -- ACN & IBM originally appeared on BloggingStocks on Mon, 29 Nov 2010 15:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AccentureACNChasingValueEUEuropean unionfeaturedIBMinternational business machinesIrelandIrish bailoutMon, 29 Nov 2010 15:30:00 EST<![CDATA[European Union Sets New Short Selling and Derivatives Curbs]]>http://www.bloggingstocks.com/2010/09/15/european-union-sets-new-short-selling-and-derivatives-curbs/http://www.bloggingstocks.com/2010/09/15/european-union-sets-new-short-selling-and-derivatives-curbs/http://www.bloggingstocks.com/2010/09/15/european-union-sets-new-short-selling-and-derivatives-curbs/#commentsFiled under: ,

European UnionSo the European Union's 27-nation bloc is setting new rules for short selling and derivatives trading. The European Commission set up the European Securities and Market Authority to police European markets.

Michel Barnier, European Union commissioner in charge of reform said: "Today we are proposing rules -- so we know who is doing what and who owes what to who."

Continue reading European Union Sets New Short Selling and Derivatives Curbs

European Union Sets New Short Selling and Derivatives Curbs originally appeared on BloggingStocks on Wed, 15 Sep 2010 12:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>derivatives tradingEuropean Securities and Market AuthorityEuropean Unionfinancial reforminthenewsMichel Barniershort sellingWed, 15 Sep 2010 12:00:00 EST<![CDATA[Ray of Light: IMF Says Greece's Deficit-Cutting Plan On-Track]]>http://www.bloggingstocks.com/2010/06/17/ray-of-light-imf-says-greece-deficit-cutting-plan-on-track/http://www.bloggingstocks.com/2010/06/17/ray-of-light-imf-says-greece-deficit-cutting-plan-on-track/http://www.bloggingstocks.com/2010/06/17/ray-of-light-imf-says-greece-deficit-cutting-plan-on-track/#commentsFiled under: ,

Thursday's good new data point comes from the International Monetary Fund, which said Greece's budget deficit reduction plan and economic overhaul appears to be on-track.

The IMF termed fiscal developments as "positive with central government revenue coming in closely as expected" and with expenditures under control.

The group also said pension reform has advanced and an agreement has been reached on many key parameters as outlined in the memorandum or understanding. Structural reforms are also progressing, including in the areas of local administration, privatization, labor market, and tax administration.

Continue reading Ray of Light: IMF Says Greece's Deficit-Cutting Plan On-Track

Ray of Light: IMF Says Greece's Deficit-Cutting Plan On-Track originally appeared on BloggingStocks on Thu, 17 Jun 2010 17:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>debt crisisdollareuroEuropeEuropean UnionGreeceIMFinthenewsThu, 17 Jun 2010 17:30:00 EST<![CDATA[Roubini: Troubled European Nations Must Follow Through with Budget Cuts]]>http://www.bloggingstocks.com/2010/05/10/roubini-troubled-european-nations-must-follow-through-with-budg/http://www.bloggingstocks.com/2010/05/10/roubini-troubled-european-nations-must-follow-through-with-budg/http://www.bloggingstocks.com/2010/05/10/roubini-troubled-european-nations-must-follow-through-with-budg/#commentsFiled under:

At least initially, investors have signaled 'thumbs-up' regarding European policy makers' intervention to help stabilize debt-plagued nations, check contagion, and keep credit markets liquid.

However, one prescient economist is arguing that investors should wait awhile before declaring victory over the financial crisis, Europe-edition.

NYU Professor Nouriel 'Dr. Doom' Roubini said more heavy-lifting for policy makers is ahead.

Continue reading Roubini: Troubled European Nations Must Follow Through with Budget Cuts

Roubini: Troubled European Nations Must Follow Through with Budget Cuts originally appeared on BloggingStocks on Mon, 10 May 2010 16:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>debt crisisEuropean UnioninthenewsRoubiniMon, 10 May 2010 16:30:00 EST<![CDATA[EU Emergency Fund to Prevent Spread of Greek Crisis]]>http://www.bloggingstocks.com/2010/05/09/eu-emergency-fund-greek-crisis/http://www.bloggingstocks.com/2010/05/09/eu-emergency-fund-greek-crisis/http://www.bloggingstocks.com/2010/05/09/eu-emergency-fund-greek-crisis/#commentsFiled under: , , ,

European Union leaders have agreed to set up an emergency fund to stop the spread of the Greek crisis and shore up the euro. The amount of the fund was not disclosed, but leaders say it will be in place before Asia starts trading.

The catalyst for setting up the fund was the collapsing euro, which fell 4.3% last week. In addition, spreads on Greek, Spanish and Portuguese bonds widened last week, further indicating a lack of confidence in the EU. European banks have suffered big losses, especially those with exposure to Greece, Portugal and Spain.

Continue reading EU Emergency Fund to Prevent Spread of Greek Crisis

EU Emergency Fund to Prevent Spread of Greek Crisis originally appeared on BloggingStocks on Sun, 09 May 2010 10:10:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>EUeuroEuropean UnionGreek bailoutGreek debt crisisSun, 09 May 2010 10:10:00 EST<![CDATA[Comfort Zone Investing: If You Believe ...]]>http://www.bloggingstocks.com/2010/05/08/comfort-zone-investing-if-you-believe/http://www.bloggingstocks.com/2010/05/08/comfort-zone-investing-if-you-believe/http://www.bloggingstocks.com/2010/05/08/comfort-zone-investing-if-you-believe/#commentsFiled under: , ,

Comfort Zone Investing - do you believe the economy is getting better?If you believe the economic recovery is just beginning, then the sell-off this week was a welcome opportunity. If you bought any stocks two weeks ago, you were hurting, but if you were looking to buy, opportunity was at the front door. Will the rally that started last July when the DJIA traded at 8058 continue? Or is this the apex, having touched 11,309 (up 40% in less than a year), and the only direction is down? I don't think so. Here's why.

The U.S. economy is recovering. All the data from manufacturing to housing sales, even employment (224,000 non-farm workers were added in April, 290,000 total workers found new jobs), show improvement.

Car sales were up 25% for most automakers in the month of April compared to last year's April. Factory orders rose 1.3% in March, helped by higher demand for machinery, appliances, and primary metals. Analysts thought the number would be negative .1%. Pending home sales rose a seasonally-adjusted 5.3% in March. Again, analysts thought the number would be 4%. Pending home sales for the year to date are now up 21.1% from a year ago.

Continue reading Comfort Zone Investing: If You Believe ...

Comfort Zone Investing: If You Believe ... originally appeared on BloggingStocks on Sat, 08 May 2010 10:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>car salesComfort Zone InvestingeconomyEuropean UnionFfeaturedGMGreeceSpainTMSat, 08 May 2010 10:30:00 EST<![CDATA[ECB's Trichet Breaks Rules to Aid Greece, Prevent Contagion]]>http://www.bloggingstocks.com/2010/05/04/ecb-s-trichet-breaks-rules-to-aid-greece-prevent-contagion/http://www.bloggingstocks.com/2010/05/04/ecb-s-trichet-breaks-rules-to-aid-greece-prevent-contagion/http://www.bloggingstocks.com/2010/05/04/ecb-s-trichet-breaks-rules-to-aid-greece-prevent-contagion/#commentsFiled under: ,

European Central Bank President Jean-Claude Trichet, who earlier relaxed lending rules for one country, diluted the lending rules for a second time Tuesday by announcing that the ECB will continue to indefinitely accept Greek bonds as collateral despite their downgrade by ratings agencies, Bloomberg News reported.

The move came after rumors pervaded the stock, bond, and currency markets Tuesday that Spain may need a European Union and/or International Monetary Fund aid package to stabilize its financial situation. Spain Tuesday rejected the assertion. The euro tumbled Tuesday, nonetheless, weakening about 2 cents versus the dollar to $1.3014 in afternoon trading.

Continue reading ECB's Trichet Breaks Rules to Aid Greece, Prevent Contagion

ECB's Trichet Breaks Rules to Aid Greece, Prevent Contagion originally appeared on BloggingStocks on Tue, 04 May 2010 17:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>debt crisisECBEUEuropean Central BankEuropean UnionGreeceinthenewsTrichetTue, 04 May 2010 17:30:00 EST<![CDATA[Roubini: Rising Sovereign Debt Will Lead to Defaults]]>http://www.bloggingstocks.com/2010/05/02/roubini-rising-sovereign-debt-will-lead-to-defaults/http://www.bloggingstocks.com/2010/05/02/roubini-rising-sovereign-debt-will-lead-to-defaults/http://www.bloggingstocks.com/2010/05/02/roubini-rising-sovereign-debt-will-lead-to-defaults/#commentsFiled under: , , ,

Nouriel RoubiniFinancial guru, Nouriel Roubini foresees rising sovereign debt leading to defaults.

Roubini predicted the U.S. financial collapse at least a year before it happened. Now he is predicting sovereign defaults for European Union (EU) nations.

Continue reading Roubini: Rising Sovereign Debt Will Lead to Defaults

Roubini: Rising Sovereign Debt Will Lead to Defaults originally appeared on BloggingStocks on Sun, 02 May 2010 15:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bailoutsEUeuroEuropean UnionGreek debtIMFinthenewsjunk bondsRoubinisovereign debtSun, 02 May 2010 15:40:00 EST<![CDATA[The European Banking Crisis: An Overview]]>http://www.bloggingstocks.com/2010/05/02/european-banking-crisis/http://www.bloggingstocks.com/2010/05/02/european-banking-crisis/http://www.bloggingstocks.com/2010/05/02/european-banking-crisis/#commentsFiled under: , , ,

When the financial meltdown struck in the United States in 2008, the contagion quickly spread throughout the world, including the European Union (EU). However, unlike the Federal Reserve, which has unilateral authority to act on behalf of the United States, the EU has no such authority.

The EU barely survived 2008 and 2009. Then this year, Greece had difficulty refinancing its sovereign debt. Again, unlike the United States, where the debt came from financial institutions, in Greece the debt is government debt.

Continue reading The European Banking Crisis: An Overview

The European Banking Crisis: An Overview originally appeared on BloggingStocks on Sun, 02 May 2010 09:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>EUeuroEuropean Banking CrisisEuropean UnionGreeceGreek debtIMFInternational Monetary Fundinthenewssoverign debtSpainSun, 02 May 2010 09:40:00 EST<![CDATA[One 'Trump Card' Left Should EU, IMF Talks Disappoint Again]]>http://www.bloggingstocks.com/2010/04/30/european-central-bank-and-eu-debt-crisis/http://www.bloggingstocks.com/2010/04/30/european-central-bank-and-eu-debt-crisis/http://www.bloggingstocks.com/2010/04/30/european-central-bank-and-eu-debt-crisis/#commentsFiled under:

ECB European Central Bank logoThursday's events in Europe provided some encouragement, if not universal calm, regarding the Greek debt saga, including the promise that Europe and the International Monetary Fund will now move relatively swiftly to put together a suitable package that will assist the Mediterranean nation's transition to fiscal solvency.

But even if Europe again show signs of "snatching defeat from the jaws of victory," investors should not anticipate a sudden return to the barter system, globally.

Continue reading One 'Trump Card' Left Should EU, IMF Talks Disappoint Again

One 'Trump Card' Left Should EU, IMF Talks Disappoint Again originally appeared on BloggingStocks on Fri, 30 Apr 2010 12:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ECBEUEuropean Central BankEuropean UnionGreeceIMFinthenewsTrichetFri, 30 Apr 2010 12:30:00 EST<![CDATA[Is the Oil Market Signaling a Resolution to Greek Debt Crisis?]]>http://www.bloggingstocks.com/2010/04/29/is-the-oil-market-signaling-a-resolution-to-greek-debt-crisis/http://www.bloggingstocks.com/2010/04/29/is-the-oil-market-signaling-a-resolution-to-greek-debt-crisis/http://www.bloggingstocks.com/2010/04/29/is-the-oil-market-signaling-a-resolution-to-greek-debt-crisis/#commentsFiled under: , ,

Stock, bond, and currency markets around the world have been jolted by the lingering Greek debt crisis and the threat of contagion: possible defaults by other European Union countries.

European Union and International Monetary Union officials, initially behind-the-curve, now appear to be moving with speed to put out the financial fire, but a climate of uncertainty hangs over the markets: the crisis has by no means been resolved yet.

Continue reading Is the Oil Market Signaling a Resolution to Greek Debt Crisis?

Is the Oil Market Signaling a Resolution to Greek Debt Crisis? originally appeared on BloggingStocks on Thu, 29 Apr 2010 16:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>debt crisiseuroEuropean UnionGreeceinthenewsThu, 29 Apr 2010 16:30:00 EST<![CDATA[Greek Bailout Is a High-Wire Act]]>http://www.bloggingstocks.com/2010/04/19/greek-bailout-is-a-high-wire-act/http://www.bloggingstocks.com/2010/04/19/greek-bailout-is-a-high-wire-act/http://www.bloggingstocks.com/2010/04/19/greek-bailout-is-a-high-wire-act/#commentsFiled under: , , ,

Greek bailout The Greek bailout is now urgent. European Union and International Monetary Fund negotiators are meeting via teleconference on Monday and a team will be in Greece for two weeks to hammer out the details of the bailout.

Why such urgency? On Tuesday Greece is issuing $2 billion in three-month government bonds. Last week the cost of Greek financing rose in international markets. There is fear that borrowing costs will continue to rise.

Continue reading Greek Bailout Is a High-Wire Act

Greek Bailout Is a High-Wire Act originally appeared on BloggingStocks on Mon, 19 Apr 2010 10:00:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>defaulteuro zoneEuropean unionGreece bailoutIMFinthenewsMon, 19 Apr 2010 10:00:00 EST<![CDATA[EU-Greece Pact Means Dollar Will Now Have to Earn All Gains]]>http://www.bloggingstocks.com/2010/04/12/eu-greece-pact-means-dollar-will-now-have-to-earn-all-gains/http://www.bloggingstocks.com/2010/04/12/eu-greece-pact-means-dollar-will-now-have-to-earn-all-gains/http://www.bloggingstocks.com/2010/04/12/eu-greece-pact-means-dollar-will-now-have-to-earn-all-gains/#commentsFiled under:

A week or so ago, there was talk of the euro's demise. Today's there's talk of the E.U. stabilization plan for budget-beleaguered Greece as being "a defining moment" for the euro. Such is the fickle sentiment (and futile attempts at prognostication) amid objective economic conditions that are continually shifting.

Further, those with even a modest amount of investment experience knew from the start that the euro would not be going away at the sign of its first hic-cup (Greece). Similarly, those with investment experience also know that the stabilization plan for Greece does not mean Europe will not see another fiscal crisis in a second country: one could surface in a year, or a quarter, or a month, if the right economic conditions line up.

Continue reading EU-Greece Pact Means Dollar Will Now Have to Earn All Gains

EU-Greece Pact Means Dollar Will Now Have to Earn All Gains originally appeared on BloggingStocks on Mon, 12 Apr 2010 16:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>dollarE.U.euroEuropean UnionGreeceinthenewsMon, 12 Apr 2010 16:40:00 EST<![CDATA[Greek Bailout Plan Sparks Strong Rally in the Euro]]>http://www.bloggingstocks.com/2010/04/12/greek-bailout-plan-sparks-strong-rally-in-the-euro/http://www.bloggingstocks.com/2010/04/12/greek-bailout-plan-sparks-strong-rally-in-the-euro/http://www.bloggingstocks.com/2010/04/12/greek-bailout-plan-sparks-strong-rally-in-the-euro/#commentsFiled under: , , ,

The approval of a Greek bailout plan worth 45 billion euros ($61 billion) sparked a strong rally in the euro and a corresponding sell off in the US dollar. As of 10:30 EDT, the June futures euro contract was trading at $1.35990, up .0143. The June futures US dollar contract traded at 80.645, down .596.

Euro finance ministers said they would offer Greece up to $30 billion euros in three- year loans averaging 5%. This is much lower than recent rates for Greek debt. The yield on Greek three bonds fell 90 basis points to 6.29%

Continue reading Greek Bailout Plan Sparks Strong Rally in the Euro

Greek Bailout Plan Sparks Strong Rally in the Euro originally appeared on BloggingStocks on Mon, 12 Apr 2010 13:50:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>dollareuroEuropean UnionGreeceGreekBailoutinthenewsMon, 12 Apr 2010 13:50:00 EST<![CDATA[EU pledges $61 Billlion Support for Greece -- Germans Wise Up]]>http://www.bloggingstocks.com/2010/04/12/eu-pledges-61-billlion-support-for-greece-germans-wise-up/http://www.bloggingstocks.com/2010/04/12/eu-pledges-61-billlion-support-for-greece-germans-wise-up/http://www.bloggingstocks.com/2010/04/12/eu-pledges-61-billlion-support-for-greece-germans-wise-up/#commentsFiled under: ,

On Friday I sat at my desk ranting that Germany must help Greece without the International Monetary Fund. And over the weekend, the European Union finally drew up a plan to support its Greek brothers and sisters. This time, Germany is on board, bending to the ever-increasing pressure to do the right thing. However, the IMF was not left entirely out of the picture.

On April 11, the EU agreed to a Greek rescue package to subsidize Greek bonds at a 5% rate, about 20% less than current floating rates. The plan could cost 45 billion euros ($61 billion).

Continue reading EU pledges $61 Billlion Support for Greece -- Germans Wise Up

EU pledges $61 Billlion Support for Greece -- Germans Wise Up originally appeared on BloggingStocks on Mon, 12 Apr 2010 08:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>currency exchange rateEUEuroEuropean unionfeaturedGermanyGreek Bondsgreek debt crisisIMFInternational Monetary FundinthenewsMon, 12 Apr 2010 08:00:00 EST<![CDATA[Germany Must Help Greece Without IMF]]>http://www.bloggingstocks.com/2010/04/10/germany-must-help-greece-without-imf/http://www.bloggingstocks.com/2010/04/10/germany-must-help-greece-without-imf/http://www.bloggingstocks.com/2010/04/10/germany-must-help-greece-without-imf/#commentsFiled under: , , , ,

Angela MerkelGermany, the European Union member with the largest and strongest economy, should get off their high horse and support Greece, not the International Monetary Fund (IMF) -- which to a large extent is the United States.

Greece is on the brink of disaster and for some reason the German government, following the sentiments of the man on the street, is willing to let the chips fall where they may. They do not seem to be able to grasp that the EU ship can only sail in one direction at a time and that half a ship will not sail at all.

Continue reading Germany Must Help Greece Without IMF

Germany Must Help Greece Without IMF originally appeared on BloggingStocks on Sat, 10 Apr 2010 13:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>EUeuroEuropean unionfinancial crisisGermanygreecegreece bailoutIMFInternational Monetary FundinthenewsSat, 10 Apr 2010 13:40:00 EST<![CDATA[Greek Bonds Faltering -- Back to the EU Drawing Board]]>http://www.bloggingstocks.com/2010/03/31/greek-bonds-faltering-back-to-the-eu-drawing-board/http://www.bloggingstocks.com/2010/03/31/greek-bonds-faltering-back-to-the-eu-drawing-board/http://www.bloggingstocks.com/2010/03/31/greek-bonds-faltering-back-to-the-eu-drawing-board/#commentsFiled under: , , , , ,

Just last week I questioned why anyone would be interested in acquiring 10 year Greek bonds (Serious Money: Greek Bonds or High Yield Stocks) when there were so many alternatives. The answer is that not enough are, and that means to find a sufficient number of investors the yields are rising with continued upward pressure.

The pretend economic support of Greece by the European Union members and the International Monetary Fund (IMF), which is smoke and mirrors absent any guarantees or required concrete action, gives investors no confidence. If Greece's European partners are so concerned that Greece has the potential to falter in meeting its obligations, then why would anyone else have confidence?

Continue reading Greek Bonds Faltering -- Back to the EU Drawing Board

Greek Bonds Faltering -- Back to the EU Drawing Board originally appeared on BloggingStocks on Wed, 31 Mar 2010 17:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>EUEU cooperationEuCooperationeuropeeuropean unionEuropeanUnionGreeceGreek BondsGreekBondsIMFinternational monetary fundInternationalMonetaryFundSheldon LiberSheldonLiberYieldWed, 31 Mar 2010 17:30:00 EST<![CDATA[Greek Debt Exposes European DisUnion]]>http://www.bloggingstocks.com/2010/03/23/greek-debt-exposes-european-disunion/http://www.bloggingstocks.com/2010/03/23/greek-debt-exposes-european-disunion/http://www.bloggingstocks.com/2010/03/23/greek-debt-exposes-european-disunion/#commentsFiled under: , , , ,

The economic debate among the European Union nations about how to handle the turmoil in the Greek economy and, subsequently, the Greek bond market casts greater doubt on the value of the euro and the EU with each passing day -- and they know it!

While the economic benefits of the Union are obvious and highly valuable the turmoil has turned a giant spotlight on the problems and conflicts that exist and will continue to exist for another century or more if not solved in a way that not only works for the EU but does not diminish the Euro in the slightest way.

Continue reading Greek Debt Exposes European DisUnion

Greek Debt Exposes European DisUnion originally appeared on BloggingStocks on Tue, 23 Mar 2010 15:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Chancelor MerkelEUEuroeuropean unionFranceGermanyGreecegreek debt crisisinternational monetary fundTue, 23 Mar 2010 15:40:00 EST