Tag Archives: France

France sells bonds at negative interest rate, the Netherlands and Austria are downgraded

Who would invest their wealth at a negative rate of return? This happened today when French bonds were offered at a negative interest rate. Denmark increased their negative ROI last week. At this rate (pun intended), the European crisis will … Continue reading

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Monday Morning Roundup: Egypt, Greece, France, Spain and Italy

A supporter of the Muslim Brotherhood’s presidential candidate Mohamed Morsy kisses a picture of him during a celebration at Tahrir square in Cairo June 18, 2012. The Muslim Brotherhood’s Mohamed Morsy said on Monday after his group declared him winner … Continue reading

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The Consequences of “Fair Share”

France is following in the footsteps of the United States with their election of a new Socialist president. President-elect Francois Hollande does not like the “rich”. The definition of “rich” is as nebulous as “fair share”. As the world is … Continue reading

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Stock futures hit after European elections

(Reuters) – Stock index futures fell after Greek voters trounced ruling parties in elections on Sunday, a result that put the country’s future in the euro zone at risk, and as Socialist candidate Francois Hollande won the French presidency. S&P 500 futures … Continue reading

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Greece Rejects Austerity in Favor of Neo-Nazis

As the world watched Germany adopt Nazism based on extreme economic hardships prior to World War II, the world’s apathy and appeasement led to one of mankind’s darkest periods in history. What have we learned? Greece is following in their … Continue reading

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This Won’t Be Pretty on Monday Morning

Will this be the last straw to decouple gold from the stock market? Unless some very strong measures are finalized over the weekend, next week’s financial markets may become a bloodbath. David DeGerolamo S&P Cuts Credit Ratings for Nine Euro … Continue reading

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France Downgraded by Egan Jones

The French credit downgrade has been postponed almost as long as the United States’ downgrade has been postponed. Expect to see S&P’s downgrade of France next. Moody’s seems to be playing politics with their downgrades but then Warren Buffet is … Continue reading

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