May 26, 2014 | Daily JAM, Morning Briefing, Short Term |
Markets will spend this week trying to figure out what the election news from Europe means. I’m sure that explosions in Ukraine won’t make EuroZone markets less nervous but the big event is the vote for the European parliament.
September 30, 2013 | Daily JAM, Morning Briefing |
The good news from Europe today is that the Italian government of Prime Minister Enrico Letta might be able to win a confidence vote scheduled, now, for Wednesday. The bad news is that the three other European governments—in Portugal, Greece, and Austria—have come down with their own case of wobbles.
September 30, 2013 | Daily JAM |
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September 24, 2013 | Daily JAM, Morning Briefing |
This morning the Greek government asked for more time to complete public sector layoffs required by the country’s rescue package. This kind of delay talk is all too likely to revive criticism in Germany that Greece doesn’t really intend to cut spending and live up to its promises.
July 22, 2013 | Daily JAM, Morning Briefing |
Industrial production in February fell by a year over year 2.8% in France. Which actually looks good in comparison to a 3.8% drop in Italy and a 6.5% plunge in Spain. Meanwhile the bailout plan for Cyprus projects that the country will return to growth in 2015.
April 27, 2013 | Uncategorized |
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April 2, 2013 | Daily JAM, Morning Briefing |
Unemployment data from Eurostat, the European Union’s statistics office, argue that the EuroZone debt crisis isn’t going away anytime soon no matter how the details are rearranged. Unemployment in the EuroZone climbed to a record 12% in February. That’s up from 10.9% in February 2012. In the wider European Union, the unemployment rate climbed to 10.9% from 10.2% in February 2012.
March 1, 2013 | Uncategorized |
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February 28, 2013 | Daily JAM, Short Term |
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February 27, 2013 | Morning Briefing |
No market panic visible in this morning’s auction of Italian government debt. But the bond market isn’t especially impressed either.
February 26, 2013 | Daily JAM, Videos |
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February 25, 2013 | Daily JAM |
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