By Bob Stokes
5/16/2012 5:30:00 PM
Almost all bank buildings look solid on the outside. But, of course, the goings-on inside are what count. Greece is again in the spotlight, yet we know the financial health of other European banks is the bigger question...
Filed Under: banks, Elliott wave, euro stoxx 50, europe, european central bank, European debt crisis, eurozone, Goldman Sachs, soverign debt crisis
Category: European Markets
By Bob Stokes
4/27/2012 4:00:00 PM
Shortly after the fourteenth European debt crisis summit concluded and there was an "extraordinary shift from negativity to optimism," the November 2011 Global Market Perspective flatly said "The current level of unpayable debt is too big to bail." Yet financial journalists and many of the economists they interview have been busy talking about rising markets and recovering economies. Some were even saying that Europe's debt crisis was "under control." It seems not...
Filed Under: debt downgrade, European debt crisis, european markets, European Union (EU), eurozone, Greek debt, International Monetary Fund (IMF), Short Term Update, soverign debt crisis
Category: European Markets
By Bob Stokes
3/27/2012 4:45:00 PM
There is a reason that citizens should be concerned about excessive sovereign debt. National governments have defaulted on their obligations, and those events do have consequences. Read what Robert Prechter has to say about the impending credit implosion...
Filed Under: conquer the crash, credit crisis, debt crisis, deflation, European debt crisis, history, Robert Prechter, soverign debt crisis
Category: U.S. Economy
By Vadim Pokhlebkin
12/5/2011 5:00:00 PM
Every recent stock rally in Europe ignites the hope that the worst of the debt crisis is finally over. Yet every mini-crash that follows mocks those hopes once again... and again... We watched ups and downs like these in 2007-2009, too.
Filed Under: bailouts, Bank of England, CAC40, DAX, economic depression, Elliott wave, eu, euro, euro stoxx 50, euro/USD exchange rate, europe, european central bank, European debt crisis, european markets, European Union (EU), eurozone, FTSE, soverign debt crisis, Swiss Market Index (SMI)
Category: European Markets
By Bob Stokes
11/30/2011 4:30:00 PM
Fifteen major U.S. and European banks were just downgraded by Standard & Poor's. Please consider this insightful excerpt from a recent Elliott Wave Theorist titled, "The Coming Worldwide Bank run"...
Filed Under: bailouts, central banks, Club EWI, credit crisis, debt downgrade, european central bank, European debt crisis, liquidity, Robert Prechter, soverign debt crisis, stimulus package
Category: U.S. Economy
By Alexandra Lienhard
11/16/2011 1:00:00 PM
Enjoy this 16-minute long interview with EWI's European Financial Forecast editor, Brian Whitmer.
Filed Under: eurozone, eu, soverign debt crisis, europe, brian whitmer, Greek debt, interview, Club EWI
Category: European Markets
By Bob Stokes
11/15/2011 5:15:00 PM
A big bet on European sovereign debt was the undoing of MF Global. Our latest Financial Forecast says "...Europe is the epicenter of the credit crisis," and observes that "The current level of unpayable debt is too big to bail." It's reasonable to believe that many more financial shoes will drop. What do we see just ahead?...
Filed Under: bailouts, conquer the crash, credit crisis, credit default swaps, credit rating, debt crisis, debt downgrade, economic depression, European debt crisis, European Union (EU), eurozone, Robert Prechter, soverign debt crisis
Category: U.S. Economy
By Bob Stokes
11/8/2011 5:30:00 PM
The latest Financial Forecast states: "While Europe is the epicenter of the credit crisis, the situation in the U.S. is hurtling toward the same type of abyss..." The recently published issue goes on to reveal the thought-provoking analysis behind that statement...
Filed Under: conquer the crash, credit crisis, credit rating, debt crisis, debt downgrade, Greek debt, soverign debt crisis
Category: U.S. Economy
By Vadim Pokhlebkin
10/7/2011 11:45:00 PM
Did you realize that so far this year, France’s CAC 40 stock index has taken back nearly 2 years’ worth of gains in a mere 7 months? Same is true for the pan-European Eurostoxx 50 index. And, as markets dropped in September, less than 10% of futures traders said they were bullish on the DAX, FTSE, CAC 40 and Eurostoxx 50 in August and September. More...
Filed Under: CAC40, DAX, Elliott Wave trading, euro, european central bank, European debt crisis, eurozone, FTSE, Greek debt, Irish debt crisis, sentiment, soverign debt crisis, Swiss Market Index (SMI), volatility
Category: European Markets
By Bob Stokes
9/15/2011 11:00:00 AM
Bursting of the "debt bubble": It's the financial story of our age and it's happening before our eyes. The full scope is hard to keep up with because it's unfolding at various levels, such as...
Filed Under: Club EWI, conquer the crash, consumer credit, debt crisis, European debt crisis, foreclosures, liquidity, Robert Prechter, soverign debt crisis
Category: U.S. Economy
Contagion: Now in European Economic "Theaters" Everywhere
Why did EWI's European Financial Forecast warn months ago that the sovereign debt crisis would not be an isolated event?
By Nico Isaac
9/12/2011 2:30:00 PM
If you missed the September 9 opening weekend of "Contagion" -- the big-budget thriller about a deadly pandemic spreading across the world -- don't worry. You can see the non-fictionalized version play out in European financial "theaters" right now. Those top-tier nations once deemed immune to the sovereign debt crisis that first flared in Dubai, then Iceland two years ago are now experiencing the all-too-familiar symptoms of acute debt downgrades and painful market declines.
Filed Under: europe, European debt crisis, eurozone, Greek debt, soverign debt crisis
Category: European Markets
By Vadim Pokhlebkin
9/2/2011 5:30:00 PM
How do you know when "something's up" in the markets? "When markets that were once diverging begin to trend together" -- that's how, says editor Brian Whitmer in the September 2011 issue of his monthly European Financial Forecast. Inside the September 2011 issue...
Filed Under: AEX, Bank of England, DAX, deflation, Elliott wave, euro, european central bank, European Union (EU), eurozone, FTSE, inflation, soverign debt crisis, Swiss franc, Swiss Market Index (SMI), technical analysis, volume
Category: European Markets
By Bob Stokes
8/8/2011 4:45:00 PM
The financially "unexpected" is fast moving toward the "unthinkable." Brace yourself for...
Filed Under: Robert Prechter, conquer the crash, credit rating, debt ceiling, debt crisis, soverign debt crisis
Category: U.S. Economy
By Vadim Pokhlebkin
8/5/2011 7:00:00 PM
Do you remember when the European debt crisis began to make headlines? It seems like it's been with us forever. But as EWI's August European Financial Forecast points out, the crisis began "21 months ago in Greece and Italy," as their respective stock markets topped. That's a hugely important point -- here's why...
Filed Under: CAC40, DAX, euro, euro stoxx 50, eurozone, europe, European debt crisis, FTSE, Greek debt, soverign debt crisis, Swiss Market Index (SMI)
Category: European Markets
By Susan C. Walker
8/4/2011 5:30:00 PM
The best way to understand what's in store for the U.S. is to read his analysis of what's happening now across the Pond. Read these three questions and answers to find out why.
Filed Under: debt crisis, European Union (EU), eurozone, europe, European debt crisis, eurozone, Sovereign Debt, soverign debt crisis
Category: European Markets
By Debbie Iseler
7/15/2011 5:15:00 PM
The European Banking Authority announced Friday that 8 banks had failed their stress tests and 16 more had narrowly passed. But the results drew much criticism from analysts, who said that the stress test is not strict enough...
Filed Under: brian whitmer, credit crisis, European Union (EU), europe, European debt crisis, European Union (EU), Irish debt crisis, Sovereign Debt, soverign debt crisis
Category: European Markets
Riots in Greece and European Bailouts - A Powerful Portrait
Everyone wonders "What Greece will mean to the markets," but what they should ask is, "What have the markets ALREADY meant to Greece?"
By Jill Noble
7/1/2011 1:45:00 PM
Greek individuals are fundamentally no different today than they were in 2007, and neither is the Greek economy. What is different is Greece's stock market, which means that, in the aggregate, society's mood is the polar opposite of four years ago.
Filed Under: bailouts, brian whitmer, Elliott wave, European Union (EU), europe, Greek debt, Robert Prechter, social mood, socionomics, soverign debt crisis
Category: European Markets
By Bob Stokes
6/28/2011 6:15:00 PM
The fact that a substantial percentage of U.S. based money market funds have holdings in European banks doesn't mean a given money market fund will suffer a loss. Yet exposed money market funds may be at risk if the sovereign debt crisis escalates...
Filed Under: conquer the crash, Elliott Wave Theorist, European Union (EU), Greek debt, Irish debt crisis, liquidity, mutual funds, Robert Prechter, safe haven, soverign debt crisis
Category: U.S. Economy
By Bob Stokes
6/21/2011 5:15:00 PM
Will the financial crisis spread from "peripheral" Europe to "core" Europe? Is that the "next phase" of Europe's debt crisis?...
Filed Under: bailouts, credit crisis, credit rating, european central bank, European Union (EU), eurozone, Greek debt, Irish debt crisis, soverign debt crisis
Category: European Markets
By Bob Stokes
6/15/2011 5:15:00 PM
Well before the current round of headlines about the sovereign debt crisis -- our European Short Term Update forecasted higher yields for some debt plagued European countries. See how one of those forecasts turned out...
Filed Under: credit default swaps, credit rating, Elliott wave, european central bank, European Union (EU), eurozone, Irish debt crisis, Keltner channels, market forecasts, Sovereign Debt, soverign debt crisis
Category: European Markets