-
Simultaneous Capital Flows, Commodities Declines Led Economic Crashes Before; It May Be Happening Again
Friday, March 4, 2016 - 3:24pm | 327In a new paper entitled "Global Cycles: Capital Flows, Commodities, and Sovereign Defaults, 1815-2015," Carmen Reinhart, Vincent Reinhart and Christoph Trebesch looked at the historical connection between capital flow, commodity prices and economic crises. According to the authors, the recent...
-
Market Wrap For January 6: Busy Day For Analysts Upgrades and Downgrades
Monday, January 6, 2014 - 5:58pm | 2261Monday's trading session featured a plethora of analyst upgrades and downgrades. With little key economic data released, markets were relatively tame as major indices failing to meaningfully move in any one direction. The Senate appears to be set to officially Janet Yellen to lead the Federal...
-
What a Spanish Bailout Would Look Like
Tuesday, July 24, 2012 - 8:30am | 721Talk of a full-scale sovereign bailout of Spain, along the lines of those received by Greece, Ireland, and Portugal, has increased over the last few days. On Friday, Spain announced a plan to bailout its ailing regional finances, effectively nationalizing regional debts. Also, Spain agreed a new...
-
PIIGS Nations: Not Just Good At Accumulating Debt, but Pretty Good at Soccer Too
Monday, June 11, 2012 - 3:42pm | 500As the UEFA European Championship, commonly known as Euro 2012, continues through the first matches of the group stage, an interesting pattern arises. Of all sixteen nations in the tournament, only three nations, the Czech Republic, Italy, and Ireland, have not defaulted since the year 1300....