Catalan: Independence or Revolution?

On October 1st, the Catalonian region of Spain held a referendum similar to "Brexit" on whether they should leave Spain or not. But unlike with Brexit and the vote in Scotland the results weren't even close. In the vote in Scotland to split from … [Read more...]

Brexit: Will They Stay Or Will They Go?

Polls Lean Go, Markets Lean Stay A referendum is being held on Thursday, June 23, to decide whether Britain should leave or remain in the European Union (EU). Polls currently indicate a bias for the leave scenario. However, Great Britain’s wagering … [Read more...]

3 Powerful Trends Influencing Europe’s Financial Market Recovery

There's no doubt Europe’s financial markets for the summer of 2015 were all affected by the Greek ‘tragedy’. But as of this writing, it remains uncertain whether Greece will leave the Euro-zone or not. However, without aiming to downplay the … [Read more...]

Greece Should “Shoot the Dog and Sell the Farm”

By John Mauldin “If this were a marriage, the lawyers would be circling.” The Economist, My Big Fat Greek Divorce, 6/20/2015 Greece is again all the buzz in the media and on the commentary circuit. If you’re like me, you are suffering terminal … [Read more...]

Trends: Credit in the E.U. and the U.S.

Credit in the EU is contracting, with credit growth peaking at 11.5% in 2008, halving by 2010, falling to zero in 2011, rising back to 4% in 2012 and then falling below zero in 2013. This is the rate of growth so we can see that at zero new loans … [Read more...]