Is this (finally) the end of Greek membership in the euro?
Following a meeting with the German finance minister, the new Greek finance minister said that the two sides hadn’t even been able to agree on where they disagreed
European Central Bank turns the screws on Greece
The European Central Bank upped the pressure on Greece today. The goal seems to be to get the new Syriza government to back off on its call to renegotiate Greece’s bailout package.
Slower than expected GDP growth in the U.S.; faster than expected deflation in Europe
So which is the scarier news?
The U.S. economy grew at a 2.6% rate in the fourth quarter of 2014. That was down from the 5% increase in the third quarter. Inflation in the EuroZone fell to an annual negative 0.6% in January–that’s deflation folks.
Greece and Germany dig in
Germany and its austerity allies in the Netherlands and Finland have fired warning shots designed to head off any effort by the new Greek government of Alex Tsipras to reverse budget cuts and other measures initially put in place to win the 240 billion euro ($270 billion) bailout program for Greece.
Syriza wins in Greece and NOW the euro politics really begin
European stocks outside Athens shrugged off Sunday’s election victory in Greece by the Syriza party. Syriza has promised to reverse major parts of the austerity program imposed by the country’s creditors. That’s going to put the country on a collision course with Germany and other fiscal hardliners worried that any relaxation of the terms of the Greek bailout package will lead to backsliding on crucial economic reforms
Saturday Night Quarterback says, For the week ahead expect…
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...The ECB finds enough of a surprise in its asset purchase plan to move European stocks higher
European stocks move up on the central bank’s news and the euro hits an 11-year low against the U.S. dollar
Everything’s coming up euros
It’s all euros on deck ahead of the Thursday, January 22, anticipated announcement of asset purchases from the European Central Bank. And on Sunday Greek voters go to the polls
Saturday Night Quarterback says, For the week ahead expect…
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...Are we about to see a race to the bottom between the euro and the yen?
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...
Surprise from the Swiss central bank results in currency market chaos–here are the reasons for the move and its implications
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...Jim’s Stock Alerts
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