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Euro Response to Greece Hint at Bigger Problems, says David Einhorn
Sarkozy’s use of financial jargon, i.e, bailout to Greece should not be viewed as a “credit event,” suggests French banks have significant exposure to Credit Default Swaps. Stress tests are a farce,...
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Lombard Research says Countries Must Leave Europe to Solve Structural Problems
Gabriel Stein of Lombard Research says structural problems in countries like Italy and Greece cannot be solved within Euro. They need to leave and devalue, says Stein. He argues Germany wants these...
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Germany Wants Veto Power Over Greek Budgets
An EU proposal ascertained by the Financial Times contained a clause that would give German politicians veto power over Greek budgets, bringing us closer to a forecast first made a little over a year...
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MQS Bob Gelfond on What Greece Needs to Do
Video streaming by Ustream Greece needs to reform: reduce the public sector, sell state assets, and devalue wages either internally within the Euro, or with a new currency. Tax system should be...
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Felix Zulauf Says Rising Inventories Foreshadow a Weak Second Half
Zulauf, who sits atop the Barron’s roundtable leader board after a decade of prognostications, spoke with FinancialSense. His most provocative thoughts came at the end of the interview, when he said...
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