‘A Colossal Failure of Common Sense,’ author Larry McDonald gives his outlook for the European markets. Watch the latest video at video.foxbusiness.com
How Much Risk Does U.S. Face From Europe?
Former Lehman Brothers V.P. Larry McDonald on the S&P downgrades in Europe and their impact on U.S. banks. Watch the latest video at video.foxbusiness.com
Washington Week Ahead: January 16th-20th
Courtesy of DC Tripwire Major Actions This Week: White House On Wednesday, President Obama and Vice President Biden hosted experts at the White House to focus on what can be done to encourage businesses to keep jobs and investment in the United States. On Friday, the President announced a plan to merge the Commerce [...]
Investors Pour Into Emerging Market Debt
Article By Natasha Brereton-Fukui, WSJ From Brazil to Indonesia to the Philippines, emerging-market countries are pouring into the bond market, taking advantage of soaring investor demand to sell debt at record-low interest rates. Governments and government-linked organizations in the developing world have sold $11.3 billion in bonds in the first two weeks of the year, [...]
Washington Week Ahead: January 9th-13th
Courtesy of DC Tripwire Major Actions This Week: White House On Wednesday, President Obama announced the recess appointment of Richard Cordray to head the Consumer Financial Protection Bureau. Also on Wednesday, the President announced three recess appointment to fill the remaining seats of the five-person National Labor Relations Board. On Thursday, President Obama and Defense [...]
George Soros Says EU Break-Up Would be Catastrophic
Article By Sumeet Chatterjee, Reuters A collapse of the euro and break-up of the European Union would have catastrophic consequences for the global financial system, billionaire investor George Soros was quoted as saying. “Today, the euro is potentially endangering the political cohesion of the European Union,” the Business Line newspaper cited Soros as saying in [...]
Regulators Fleeing Ratings Agencies, Greece and Portugal Bonds Risk-Free?
Article By Yalman Onaran, Bloomberg U.S. regulators, required by Congress to remove credit ratings from banking rules, have devised a plan anchored in a Paris-based group’s rankings that assign zero risk to most European government debt. The Federal Reserve, the Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency proposed rules last [...]
And You Thought 2011 Was Rough?
Article By Edward Krudy, Reuters Familiar themes for those who lived through 2011, and investors should be ready to revisit them next year. With a spiraling debt crisis in Europe, political upheaval around the world, and crumbling creditworthiness in major industrial nations, 2011 was a tough year to know where to invest. 2012 is unlikely [...]
Video: Should U.K. Focus on Economic Relationship with U.S., Not Eurozone?
Newedge Senior Director Larry McDonald and Euro Pacific Capital Senior Market Strategist John Browne on efforts to boost the housing market and the close economic and cultural ties between the U.K. and U.S. Watch the latest video at video.foxbusiness.com
Video: 2012 Sector Watch: Financials vs. Utilities
Sharing his forecast for the new year and the sectors to watch, with Larry McDonald, Newedge Senior Director, who says utilities and financials will be the sectors to watch in 2012.
