Greece Should Leave The Euro Now
Yes, there will be dire consequences and Athens will go through a financial storms worse than the one of the last default, but the Greek people cannot suffer for decades only for the hope of…
crisis
Russian Economy Is Getting Worse And Worse
“Those PMI indexes are not looking good”, this seems to be the message that is coming from the Russian economy to the rest of the World, and it’s pretty scary (original publishing date 02/10/15) Russia…
Putting The Rouble Crisis Into Perspective
If we want to undestand how big the rouble collapse of 2014 has been, we may want to take a look at the past currency crisis Here is a useful chart to understand how bad…
How Yield Curves Flattened Everywhere In 2014
In case you didn’t notice, 2014 was not the year of the big recovery, and the global yield curves all agree on that Yes, politicians all around the world seem to be more or less…
How Exposed Are We To Russia ?
On average, in Europe our companies have a 3% revenue exposure to Russia, but there are countries at higher risk (original publishing date: 12/22/14) We haven’t seen yet the Russian recession we will experience in…
Greece: Stocks Are Down By 18% In Two Days
The bloodbath is not over: this time the markets are really going crazy about the “Gr-exit” issue, will Athens really leave the Euro ? Here’s the financial disaster of these two days: The bond market…
Russia: Capital Outflows Are Not Over Yet
It’s not just about Ukraine, and it’s not even all about the oil crash: for some reasons, the Russian economy has been experiencing capital outflows for quite a long period We only need to give…
Another Sad Picture From The Euro Area
No one, not even Germany, is doing good at the moment in the Euro Area: economic and political issues are threatening the invisble €-recovery Whatever Brussells is doing, it’s not working at all: Note that…
Europe: ECB Is Fighting Against The Recovery
Somebody should explain us how can a central bank afford to cut its balance sheet by some 30% when the economy is experiencing its worst crisis ever: here is monetary policy under ECB’s view Modern…
Russia: More Difficult Months Ahead
PMI indexes are all saying one only sad truth about Russia: the economy won’t improve anytime soon, and the oil crisis will just make it worse We’ve been following Russian PMI index for a while,…