It does seem as though Germans will follow their leadership, even if off a cliff. We are much the same in the USA. Our markets are climbing after the Obama speech. Though he really didn't say anything. I guess everyone wants to believe in something. ...

Playing Until the Germans Lose Their Nerve

It does make one wonder what would happen if the Germans decided to quit subsidizing Europe. For example, what would happen if the Germans decided not to bail out the Spanish banks?

Playing Until the Germans Lose Their Nerve

"Need to come to terms with strict measures to bring house in order" I have just 1/300,000,000th vote on that. And, I'm not sure anyone cares. As to "expectations", for the most part those are free and worth every penny. If you want to predict the ...

Economic Miss Trifecta

I'm skeptical of the business-week optimism. Pending sales were .52% lower. Inventory has been on a decline since last July and foreclosures are pretty well picked over. Existing sales are usually reported as a seasonally adjusted number. I think ...

U.S. Existing-Home Sales Probably Rose

In the past Bernanke depressed the markets whenever he spoke. Mainly due to a little reality being introduced into a delusional marketplace. Lately, because of the new open policy of allowing all the reserve board members to discuss present and ...

Bernanke: Community Banking

A motto for the new global economy: "At least we're not Greece!" Unfortunately, it isn't true. Many are or soon will be.

We're Not Greece: Italian Prime Minister Monti

What is it like to be a European? Are you thinking 'Great, Greece can now put a match to another 100 billion euros?'

Greece has not yet met all the conditions for new bailout funds