Daily Archive: Monday, July 25, 2011

Double trouble for the euro zone

When Europe opens down big due to the US deficit issues, it will send a chill though the investment community and euro zone leaders. This is the last thing they need while struggling with their domestic financial issues. With export markets threatened, and impossible domestic debt loads given the current levels of ...Read More

SCENARIOS-Options for raising the U.S. debt limit

And this and $20 will get you a cup of coffee. I still see no sign of agreement. Nor have I read anyone discussing the downward acceleration in GDP triggered when the spending limits are reached. As previously discussed, GDP will accelerate as it falls, as the automatic stabilizers will be disabled. ...Read More

Boehner Weighs Balanced-Budget Amendment

To show he’s serious, he raises the bar a little higher to get anything passed… Boehner Weighs Balanced-Budget Amendment U.S. House of Representatives Speaker John Boehner told fellow Republicans on Sunday that he is considering a balanced-budget amendment to the Constitution as part of a bill that would raise the debt ceiling ...Read More