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Why Greek Default Is Not The Major Issue, But Its Downstream Effect Is
Wednesday, June 3, 2015 - 4:56pm | 301Read More...Greece is on the cusp of a default, but the default in itself might not be as severe or impactful as the contagion effect it can create. Tim Edwards, senior director of index investment strategy for S&P Dow Jones Indices, was on CNBC Wednesday to explain the reasons for that. 2 Levels Of...
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Despite Looming Payments, Athens Refuses To Be Blackmailed
Wednesday, June 3, 2015 - 1:09pm | 417Read More...On Friday, the first of four International Monetary Fund payments totaling €1.5 billion will come due for Athens, making bailout negotiations this week even more tense. After months of back and forth between EU leaders and Greek officials, there has been no progress on an agreement that will...
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Deutsche Bank: 'April Showers Brought May Flowers. Watch Out For June Thunderstorms'
Monday, June 1, 2015 - 11:01am | 350Read More...In a report published Monday, Deutsche Bank strategist David Bianco offered investors 10 key themes heading into the summer months. "S&P reached a new high of 2130 last Thursday on an 18 trailing PE, the highest since 2010 despite anemic EPS growth expected this year," Bianco wrote. "Both EPS...
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Deutsche Bank Breaks Down Greece's Possible Futures
Friday, May 29, 2015 - 12:53pm | 404Read More...In a report published Thursday, Deutsche Bank Strategist George Saravelos said that Greece's "endgame is here." The cash-strapped country is trying to come to an agreement with European officials to unlock much-needed bailout aid and avoid financial insolvency. Any such agreement...
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Despite Warnings About A Grexit, Investors Remain Calm
Thursday, May 28, 2015 - 1:58pm | 403Read More...With Greece and its EU creditors still trying to work out the details of an agreement to release the nation's bailout funds just days before Athens is due to make loan repayments, policymakers in other parts of the world are beginning to worry that a Greek exit from the eurozone is becoming a real...
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Will Spain Become The Next Greece?
Wednesday, May 27, 2015 - 11:49am | 386Read More...Over the weekend, Spanish citizens headed to the polls for regional elections, where they voiced their disappointment with the nation's direction under Prime Minister Mariano Rajoy and the Popular Party by casting a large volume of votes for small, upstart parties. The elections sent a powerful...
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Varoufakis Fights Back
Tuesday, May 26, 2015 - 2:33pm | 457Read More...Greek Finance Minister Yanis Varoufakis has been slammed in the media for months as debt negotiations between Athens and the EU drag on without a resolution in sight. After being accused of breaking his peers' trust by recording confidential meetings, Varoufakis spoke out on his personal blog. EU...
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Jim Chanos: 'In Another 3 To 4 Years, China Is Going To Be Like Greece'
Friday, May 22, 2015 - 10:10am | 369Read More...Famous short seller, hedge fund manager and founder of Kynikos Associates, Jim Chanos, has been in the news lately for his severe criticism of the debt-fueled growth of the Chinese economy. According to Chanos, the way China is taking debt, it is not far from becoming another Greece. Chanos was...
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Greek Deal Expected By The End Of The Week, Grexit Unlikely
Tuesday, May 19, 2015 - 2:07pm | 329Read More...With many expecting Greece to run out of cash in a matter of weeks, the nation's finance minister Yanis Varoufakis commented that a deal to unlock some of the nation's bailout money was in the cards. On Monday, Varoufakis told Star TV that he expects to come to an agreement with his EU counterparts...
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What Impact Can A 'Graccident' Have On The Markets? Mohamed El-Erian Explains
Monday, May 18, 2015 - 4:07pm | 356Read More...Greece is running out of cash at a much higher rate than previously thought and yet there are no signs of a deal with its international creditors to resolve liquidity issues concerning the country. Mohamed El-Erian, Allianz chief economic advisor, was on CNBC Monday to discuss the possibility...
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Eurozone Growth Picks Up, Investors Still Cautious
Thursday, May 14, 2015 - 2:55pm | 382Read More...Data out this week appeared to show that the European Central Bank's quantitative easing program has helped turn the region around; the eurozone economy grew at its fastest pace in almost two years during the first quarter of 2015. The gain can be attributed largely to impressive growth in France...
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Will Greece's Financial Woes Ever End?
Wednesday, May 13, 2015 - 2:41pm | 442Read More...Negotiations between Athens and its creditors continued to drag on this week, despite what most believed would be a bank-breaking loan repayment coming due on Tuesday. Somehow, Greece continued to scrape by without defaulting, despite having what most expect is a nearly empty vault. Comments from...
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No Bailout Agreement Expected For Greece, Despite Looming IMF Payments
Monday, May 11, 2015 - 3:31pm | 442Read More...On Monday afternoon, eurozone finance ministers are set to convene in order to discuss the reform proposals submitted by Athens. The proposals cover options to receive another installment of bailout funding. The ongoing negotiations over Greece's financial state have dragged on for months and are...
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UBS Outlines Grexit Scenarios
Tuesday, May 5, 2015 - 1:25pm | 417Read More...Greece and its creditors have been locked in negotiations over the nation's bailout funding for months, but both sides are adamant that a Greek exit from the eurozone is not an option. Still, cautious investors are worried that the two sides won't reach an agreement before Athens' next loan...
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UK Takes The Spotlight With Uncertain Elections Looming
Monday, May 4, 2015 - 11:19am | 389Read More...Although Greece's debt drama has been paramount for investors over the past few months, this week may see more of a focus on what has historically been one of the most stable economies in Europe— the UK. On Thursday, the region will hold its national elections which have set up a...














