Article Index
European Economy

May 13, 2015 was a busy day for the release of European economic results. How did the European economy fare and how do these numbers affect U.S. companies? Forecasts, for the European economy as a whole, call for the region to muddle through a “mild cyclical upswing” driven…

In the third quarter of 2014, gross domestic product (GDP) for the eurozone region increased by 0.2% from the previous quarter, when it increased only 0.1%. The growth in the region has been very dismal. Major countries like Germany and France are facing economic scrutiny now. In the…

Just how bad is it getting out there? There is no question that the U.S. east coast just experienced the warmest winter in decades. And, as a result, shoppers who were normally held back by cold weather were free to visit their favorite local store to shop and…

Germany has lost its dance partner… Francois Hollande is France’s first elected socialist president in 17 years. He has stated that he will reduce the government’s budget deficit while increasing taxes and increasing spending. He believes he can eliminate the budget deficit by 2017. Just the kind of…

We just had a buffet of quarterly earnings releases from some of the largest technology firms: Google Inc. (NASDAQ/GOOG); Microsoft Corporation (NASDAQ/MSFT); Intel Corporation (NASDAQ/INTC); and International Business Machines Corporation (NYSE/IBM). Following the release, three out of the four firms’ stocks were up. Would you be surprised to…

Two big eurozone countries are headed back to recession this year. Spain, the eurozone’s fourth largest economy, will fall back into recession in early 2012, according to a statement made by its Economy Minister.Spainhas the highest unemployment rate in the eurozone at a staggering 21.5%.Spainand its citizens are…

The year 2011 marked the 11th consecutive year that gold bullion prices closed the year higher than they started. Here’s the closing price for gold bullion each year since 2000: 2000 – $273.00      2006 – $638.00 2001 – $279.00      2007 – $838.00 2002 – $348.00      2008 – $884.00…

If the U.S. stock market is going to advance in any meaningful way, then it’s going to have to do so based on domestic economic news, to the exclusion of what’s happening in Europe and China. The eurozone debt crisis is a very real risk to the global economy…

When everyone is on the bandwagon, that’s the time to get off… According to a report from the CFTC, short positions against the euro were at net $14.4 billion in the third week of November—a 17-month high. Seems everyone is betting against the eurozone and, with such a…

Investment guidance is going down at this time and it’s certainly a reflection of slower economic growth at home and abroad. While China still remains a powerhouse emerging market, its monetary policy to slow down the economy is working. Investment guidance from domestic corporations that have reported so…

The situation in Europe continues to focus on the debt and growth, along with the funding. And, until it calms down in Europe, markets will likely remain shaky on this side of the Atlantic. There is talk that Greece may need to leave the European Union due to…

We have the PIGS (Portugal, Ireland, Greece, and Spain) battling with debt issues in Europe. Spain is not fully there yet, but may inevitably need to find money. These countries are referred to as the PIGS because of their need for financial help. Stock markets are battling negative…

First it was Greece, then Ireland, followed by Portugal. These countries are suffering from severe debt loads (sound familiar?), are unable to pay the interest, and are potentially defaulting. Greece recently agreed to a new five-year austerity program in order to receive more funds to repay its initial…

I have to tell you, I thought it would be Spain. My thinking of the order in which the sovereign debt crisis would engulf Europe was first Greece, then Spain, then Italy. But it looks like I was wrong. Italy, home of my favorite Italian wine, is next.…

It all started back in April, when Standard & Poor’s warned that its AAA credit rating for the U.S. would be at risk unless the U.S. government came up with a plan to reduce the national debt and the annual budget deficit. Last week, Moody’s Investors Service announced…

Well, there’s only one way to say this—the numbers so far haven’t been that great. So far this earnings season, it’s been a mixed bag of mostly underperformance, and this isn’t a good sign for the future. It’s not that there hasn’t been decent growth in revenues and…

Recent developments are placing tremendous pressure on European countries to raise interest rates. The spillover will result in higher rates here. Here’s what my readers should know: Unemployment in Germany fell to an 18-year low in January, as boom times are back at the world’s second largest exporting…

Happy New Year! In 2010, small-caps were the runaway winners, with the Russell 2000 closing up 25.28%. Technology also provided some decent gains, with the NASDAQ up 16.88%. Lagging were the blue-chip DOW and S&P 500 companies, which ended up 11.02% and 12.74%, respectively. U.S. stocks outperformed the…