Last week, Nouriel Roubini released an analysis exclusively for RGE clients. While maintaining his core projection of protracted U-shaped growth in the United States, Roubini argued that the risks of a double-dip recession in…Read
Former Italian Prime Minister and no stranger to yawning fiscal deficits, Romano Prodi said earlier today that the Greek crisis is over. Having weathered the storm and with less time pressing their own fiscal agenda, the former…Read
Last week, the BoE decided to leave rates unchanged at 0.5% and to forestall expanding on its GBP 200bn asset-purchase program, which was widely anticipated by the whole of economists in the Bloomberg consensus. It was hard to…Read
By Rob Parenteau, CFA, sole proprietor of MacroStrategy Edge, editor of The Richebacher Letter, and a research associate of The Levy Economics Institute.The question of fiscal sustainability looms large at the moment – not…Read
7 Ws in the title - that has to be some kind of alliterative record! What could we possibly be worried about with the market making new highs? Well, Im a little concerned that Shanghai housing prices fell 10% in a week. Thats…Read
CNBC has two stories out this morning that should scare the bejeebers out of investors, but, the ongoing rally seems indefatigable as of late. Dr. Doom notes in this report that the odds of a double-dip recession were 20 percent…Read
I am in the process of finishing up the Sovereign Debt Crisis series with a massive global model of the interconnected relationships between sovereign nations. In the building of this model the team and I came to the conclusion…Read
(This post is part of our series on tracking hedge fund portfolios. If you're unfamiliar with tracking investments they disclose via SEC filings, check out our series preface on hedge fund 13F filings.)This is the first time…Read
Bill George is a Professor of Management Practice at Harvard Business School, where he is teaching leadership and leadership development, and is the Henry B. Arthur Fellow of Ethics. In this interview he discusses seven lessons…Read
As the UK financial sector slowly emerges from the recent crisis, the extraordinary support from which the country’s banking system has benefited is likely to be gradually withdrawn, Moody’s Investors Service says…Read
Well, it's good to have a plan.First he expropriated the oil company holdings. Then the oilfield equipment. When he grabbed Cargill's rice plant you could have taken a history of the Soviet Union, substituted the name Venezuela…Read
Bundesbank President Weber has been the most candid to date about what the ECB could do in case Greece is downgraded again, especially by Moody's.Recall the problem: Prior to the crisis, the ECB would take as collateral only…Read
Word has probably spread that the European Union is now attempting to solve the debt crisis with the creation of a European Monetary Fund (EMF). This shows one more time the fierce commitment of the EU to fight debt with…Read
The merger agreement may be terminated under certain circumstances, including if Terra receives a superior proposal, as that term is defined in the merger agreement, provides advance notice to Yara and Yara does not match the…Read


