Notes You Need for March 18: Brexit, Beyond Meat, Prada and China, Dollar General, Barrick Gold’s uncertainty, Macao gaming slows, FIS acquisition

Notes You Need for September 28: Inflation, Italy budget woes, Intel capital spending, Tesla CEO Musk charged by SEC, House adjoins with no farm bill, Facebook hacked, GOLD, sports betting

September 28, 2018 | Daily JAM, Notes You Need | 0 comments

In my daily trawling through the market I come upon lots of tidbits of knowledge that I think are important to investors but that don't justify a full post. I've decided to start compiling these notes here each day in a kind of running mini blog that I'm calling Notes...
Here we go again on the euro: The bad news is that Italy’s financial crisis is political

Here we go again on the euro: The bad news is that Italy’s financial crisis is political

May 29, 2018 | Daily JAM | 5 comments

The good news is that the European Central Bank, thanks to the global financial crisis and the Greek debt crisis, has mechanisms in place to support Italian bonds, Italian banks, and the Italian financial system. The bad news is that an Italian government has to ask for that help after swearing to be fiscally responsible. At the moment there is, once again, no Italian government. A bid by the populist parties that came in ahead of the field in the latest election was rejected by Italy’s president. And these parties aren’t likely to meet the European Central Bank’s requirements for help.