Notes You Need for February 24: Gold, U.S. dollar, French elections, RIG, Treasury rally, rig count
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Can the EuroZone kick its debt problem down the road again? To where?
We’ve now got very clear evidence that the bailouts plus austerity solutions haven’t worked in Greece. Since the summer of 2012 Greek government debt has climbed to 183% of GDP from 159%. The economic austerity program imposed on Greece as the price for the bailout has caused the economy to contract. Rather than growing its way out of the debt crisis, the Greek economy has shrunk its way deeper into the hole.
China’s foreign exchange reserves drop below $3 trillion
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Data released yesterday on growth in the EuroZone and Japan–coming after disappointing U.S. growth reported last week–certainly raise the question of whether the United States is quite as far ahead of the rest of the world’s developed economies as current market thinking believes
Notes You Need for January 31: Macau gaming, APC, oil shale, biotech, drug stocks,dollar,euro, SBUX
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Trump administration doubles down on travel ban crisis by firing acting Attorney General
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