Prize

........... Recipient of the 2010 MacDougal Irving Prize for Truth in Market Manipulation ...........

December 27, 2014

The Neoeconomic Perils of Pauline


     As a train wreck waiting to happen, nothing beats the European Union for sheer cliffhanging drama.  Will this be the fatal event that pundits have been expecting?   Has the end finally come?  Maybe, maybe not.  Or can another melodramatic rabbit get pulled out of somebody's financial hat, once again saving the day.  Who knows?  As the latest episode unfolds, the global investment community watches with baited breath.  Here's a pretty good snapshot of where this week's installment is headed at the moment:

http://seekingalpha.com/article/2781455-greece-bond-market-inversion-has-started?ifp=0