European Union

Is the United States Headed Down Europe’s Financial Road?

Europe’s economy is contracting The recent Greek debt deal produced a big collective sigh of relief, plus some cheers for that massive liquidity injection into Europe’s banking system. It was time to grab a glass and offer a toast to the coming economic recovery of the European Union, right? Alas, it turns out that Europe’s

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European Union Agreement: Good or Bad for the Dow Industrials?

Did European Union leaders make the sovereign debt crisis “go away” last week? Not even close. What they did agree on is tougher budget rules: “…17 countries of the euro zone…agreed to run only minimal budget deficits in the future and allowed the European Court of Justice the right to strike down national laws that

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