Newsclips
Cartoons
December 9, 2011
None Today
None Today
<Click on chart for larger image> The Financial Times – The terrible consequences of a eurozone collapse What happens if the euro collapses? A euro area breakup, even a partial one involving the exit of one or more fiscally and competitively weak countries, would be chaotic. A full or comprehensive break-up, with the euro area… Continue reading What Would The Euro Look Like In The Event Of A Breakup?
Bloomberg.com – Growth More Than Debt Key to Euromess It’s easy enough to prove that this is about more than debt. Let’s start with a puzzle. Q: What do these six numbers stand for — 81, 100, 67, 121, 81, 84 — and what don’t they have in common? A: According to the International Monetary… Continue reading Fixing Europe
The Wall Street Journal – Banks Prep for Life After Euro Some central banks in Europe have started weighing contingency plans to prepare for the possibility that countries leave the euro zone or the currency union breaks apart entirely, according to people familiar with the matter. The first signs are surfacing that central banks are… Continue reading Central Banks Create Post-Euro Contingency Plans
<Click on chart for larger image> MarketBeat (WSJ Blog) – Fund Investors Fled Stocks Just Ahead of the Market Bounce Joe Investor has again shown a knack for timing the stock market. Outflows from long-term mutual funds spiked in the week that ended last Wednesday, just as equities began to rebound from November’s slide, according… Continue reading Equity Mutual Fund Outflows Continue
<Click on chart for larger image> The Financial Times – How to interpret a surprise index Surprise! Amid the chaos in Europe and political gridlock in the US, investors increasingly are interested in tracking the performance of economic forecasts. The idea is as old as economics: better-than-expected data gives markets a boost, while data coming… Continue reading Measuring An Economic Surprise Index
The Wall Street Journal – Financial Sector Is Now Too Big to Shrink Can’t live with it; can’t live without it. That’s the trouble with the financial system. The relationship between markets and the “real” economy has gotten out of whack. The amount of debt outstanding in the U.S.—from home mortgages to corporate bonds to… Continue reading A Look At Debt Levels
MarketBeat (WSJ Blog) – S&P Waves the Downgrade Stick Yet Again, Causing Mild Discomfort for Stocks Standard & Poor’s is becoming like the reverse Oprah — instead of everybody in the audience getting a car, everybody gets a rating downgrade. It just played that role again, putting the European Union and several large European banks… Continue reading Another Round Of Holiday Cheer From S&P
Bloomberg.com – Why We All Should Welcome Bernanke’s Complaints Federal Reserve Chairman Ben S. Bernanke’s response to Bloomberg News reporting regarding the Fed’s emergency lending to banks and other companies, although hardly complimentary, sounded a welcome note of engagement by the U.S. central bank in issues that frame one of the most important financial stories… Continue reading More On Bernanke vs. Bloomberg
None Today
Charts of the Week Topics Covered This Week Include: Correlation In The Markets ECRI Sticks With Its Recession Call ECB Deposits Remain High A Look At Yields European Banks vs. U.S. Banks A Look At Employment No Lost Decade In An Equal-Weight World Volume Corporate Profit Margins An Update On Corporate, High Yield, And Muni… Continue reading Charts of the Week
Bloomberg.com – Volatile DJIA Preoccupied With Euro Crisis Never before has the euro influenced U.S. stocks as much as this year, a sign that American equities aren’t going anywhere until Europe’s credit crisis is solved.The link between the Dow Jones Industrial Average and swings in the currency reached a record on Dec. 2, according to… Continue reading Correlation In The Markets