Global Markets

While You’re Sleeping: Massive Moves Prevail In Japanese Markets

By Andrew Kassen A lot of atrocious developments occur in world financial markets while the West sleeps.  Lately, that has meant mayhem in Japanese markets. But let’s start at home.  Did you know on 12/20/2012 between 6:00-8:00 p.m. ET – while you were sputtering through some excruciatingly obeisant platitudes in…

Political Tensions Rise as Euro Crisis Continues

By Andrew Nyquist     The Euro was never given a fighting chance. Figuratively, and quite possibly literally. From conception, economists and investors questioned the Euro’s long-term viability. Formed with good intentions, the EU overlooked the Euro’s problematic structure consisting of a monetary union without full fiscal union. And after the past…

European Youth Unemployment: Risking a Lost Generation

By Joshua Schroeder     Once again Europe’s leaders spoiled a chance to take coordinated action to effectively address the bailout in Cyprus. This failure has further eroded credibility in the already weak solidarity of the European Union. Luckily, the effects of this bungled bailout are expected to be limited to Cyprus,…

Cyprus Bailout News: A Contrarian’s Contrarian View

By Alex Salomon     Since Saturday morning early tweets, then blogs, then news reports on the Cyprus bailout, lots has been written. Early on, I was philosophically undecided, financially happy. Let’s be candid: very early on, by noon on Saturday, I didn’t care either way about Cypriot deposits, about the bailout,…

The Systematic Significance of the Cyprus Bailout

By Andrew Kassen      News of a Troika-orchestrated bailout of the Mediterranean island nation of Cyprus spilled from European newswires early this past Saturday morning while most of the Western world lay sleeping. In testament to its place of primacy at the new media table, breaking developments, terse-yet-incisive commentary and links…

From Y2K to The Information Age

After turning the page on Y2K and all the dire technology warnings that accompanied it, we are beginning to realize that ticking the year 2000 was much more important than concerns about the internal programming of computers and clocks. Maybe, just maybe, Y2K was about the mystique and realization of…

A Roadmap for Responsible Government Spending

By Max Moore I recently started reading Santayana’s Curse by Sean Corrigan (of Diapason Commodities). In a few words, the book recounts various monetary pursuits over a long period of economic history and highlights how our ignorance of these instructive parallels has lead to the seemingly incurable laxity in public finance…

Not So Far East: A Macro Economic Look at Southeast Asia

By Jeff Wilson After a terrific article by Alex Salomon on the deep-seeded cultural and economic issues facing France, I would like to take you to a sub region just a 10-hour flight away from the heart of Europe: Southeast Asia. Over the next two weeks I’ll be sharing a 3…