Source: HALC The June 17th election in Greece turned out pretty much as expected. All eyes now turn to its implications and the several concomitant steps that follow. Many are calling it a non-result since the people voted (with only a disillusioned 60% participation) in similar fashion to the first election in May (despite … Read more
The fourth quarter upon us has market analysts offering end of the year predictions. Analysts sit on both sides of the fence, placing bets on whether or when the market will overcome its recent swoon. We offer the more likely scenario given the global macroeconomic and political dynamics and headwinds. Since August, the markets have … Read more
The most important take-away here is that the risk of France or Germany being pulled into the sovereign crisis is real, despite the fact that they these two nations are currently being discussed in terms of potential saviors for other nations, rather than nations in crisis themselves.