S&P Sees Greek Default on Debt After EU Plan Takes Effect
July 27 (Bloomberg) -- Greece will partially default on its debt once European officials push through a plan that will see bondholders foot part of the bill of a second bailout agreed to last week in…
With the economy still weak and…The Joy of Cash
By Chris Farrell You’ve probably heard of a "black swan," the catchphrase coined from the 2007 book by author and investor Nassim Nicholas Taleb. A black swan for investors is essentially an outlier…
Last week…Gloomy forecast for Europe's Banks causes lots of pain for short sellers
Time and again, Sean Egan and his team at Philadelphia-based Egan-Jones Ratings have made important calls months ahead of their better-known rivals. The firm has won grudging respect for its work on…
USA Miners a Buy as Nations Tighten Grip on Resources
USA Miners a Buy as Nations Tighten Grip on Resources
Euro Rises to Two-Week High as Bailout Terms for Greece May Ease
By Catarina Saraiva and Allison Bennett July 21 (Bloomberg) -- The euro advanced to the highest in two weeks against the dollar as officials said European governments may expand the region’s bailout…
Money Managers Seek to Profit from Europe’s Woes
Money Managers Seek to Profit from Europe’s Woes
They’re…