By Susan C. Walker
8/4/2011 5:30:00 PM
The best way to understand what's in store for the U.S. is to read his analysis of what's happening now across the Pond. Read these three questions and answers to find out why.
Filed Under: debt crisis, European Union (EU), eurozone, europe, European debt crisis, eurozone, Sovereign Debt, soverign debt crisis
Category: European Markets
By Debbie Iseler
7/15/2011 5:15:00 PM
The European Banking Authority announced Friday that 8 banks had failed their stress tests and 16 more had narrowly passed. But the results drew much criticism from analysts, who said that the stress test is not strict enough...
Filed Under: brian whitmer, credit crisis, European Union (EU), europe, European debt crisis, European Union (EU), Irish debt crisis, Sovereign Debt, soverign debt crisis
Category: European Markets
By Jason Farkas
6/21/2011 2:15:00 PM
Sovereign debt is making the headlines these days, and here is a new way to look at the different risk levels of bonds -- the Debt Parabola, a.k.a. Debt Man's Curve.
Filed Under: emerging markets, eurozone, Greek debt, municipal bonds, pension funds, Robert Prechter, Sovereign Debt, subprime lending, Treasury bills (T-bills), U.S. Treasuries
Category: U.S. Economy
By Bob Stokes
6/15/2011 5:15:00 PM
Well before the current round of headlines about the sovereign debt crisis -- our European Short Term Update forecasted higher yields for some debt plagued European countries. See how one of those forecasts turned out...
Filed Under: credit default swaps, credit rating, Elliott wave, european central bank, European Union (EU), eurozone, Irish debt crisis, Keltner channels, market forecasts, Sovereign Debt, soverign debt crisis
Category: European Markets
By Bob Stokes
6/7/2011 4:45:00 PM
America obviously has a debt crisis of its own. This is not to say the U.S. is currently in the same dire financial straits as Greece, etc. -- or that America's economic future will unfold in the same manner. Yet...
Filed Under: bailouts, credit crisis, credit rating, deficit, deflation, European Union (EU), Greek debt, Irish debt crisis, Sovereign Debt
Category: U.S. Economy
By Vadim Pokhlebkin
6/3/2011 6:00:00 PM
When the financial crisis hit hard in the fall of 2008, the Federal Reserve Bank made the now-infamous decision to refuse to bail out the Wall Street giant, Lehman Brothers. Today, the eurozone authorities are losing patience with Greece.
Filed Under: AEX, Bank of England, CAC40, DAX, diversification, Elliott wave, euro, euro stoxx 50, eurozone, euro/USD exchange rate, european central bank, European Union (EU), eurozone, FTSE, Greek debt, Irish debt crisis, Lehman Brothers, risk appetite, Sovereign Debt, Swiss franc, Swiss Market Index (SMI), technical analysis
Category: European Markets
By Vadim Pokhlebkin
5/20/2011 12:15:00 PM
EWI's European Financial Forecast editor Brian Whitmer discusses his outlook for the European sovereign debt crisis and the European Union with Market Wrap radio host Moe Ansari. LISTEN NOW (14 mins.) >>
Filed Under: euro, euro stoxx 50, eurozone, european central bank, European Union (EU), eurozone, Greek debt, Irish debt crisis, safe haven, Sovereign Debt
Category: European Markets
By Nico Isaac
4/19/2011 4:15:00 PM
Over the past year, a violent credit downdraft has pushed the hot air balloon of the sovereign debt nations of Europe into dangerously low territory. The regions hardest hit have been the four-bloc entity known as PIGS, or Portugal, Ireland, Greece and Spain. And, according to the mainstream experts, there is one and only one pilot who can lift said airship back into safer skies: the monetary policymakers of the European Union, chiefly through a "keep-it-coming" stream of cash infusions and bond buybacks.
Filed Under: bailouts, eurozone, European Union (EU), Greek debt, Sovereign Debt
Category: European Markets
By Vadim Pokhlebkin
4/1/2011 7:15:00 PM
While German and British shares have advanced strongly in 2010-2011, peripheral European markets -- Ireland, Spain, Portugal, Italy and Greece (the proverbial PIIGS nations) -- have trended lower. Even France's CAC 40 and pan-European Eurostoxx 50 sit today where they did in late 2009, 18 months ago...
Filed Under: bailouts, CAC40, DAX, euro stoxx 50, eurozone, FTSE, Greek debt, Irish debt crisis, Sovereign Debt, Swiss Market Index (SMI), technical analysis
Category: European Markets
By Vadim Pokhlebkin
3/9/2011 4:00:00 PM
When you view world events through the lens of the Elliott Wave Principle, things just make more sense. Take the recent political shake-up in Ireland, where Fianna Fàil party suffered its worst-ever election defeat. Up until now, Fianna Fàil was considered the “natural party of government," but now the experts have no better explanation than to helplessly point to “forces of nature” as the reason for the party's stunning defeat. They would get better answers by looking at the economy and the stock market as the measures of the country's social mood.
Filed Under: AEX, CAC40, DAX, eurozone, european central bank, European Union (EU), eurozone, FTSE, Irish debt crisis, Sovereign Debt, Swiss Market Index (SMI), technical analysis
Category: European Markets
By Vadim Pokhlebkin
1/21/2011 10:15:00 AM
As gold climbed to its December 2010 all-time high of $1,431 an ounce, virtually everyone believed it would only go higher. Well, here we are, a month-and-a-half later. "Madman Bernanke" is still at it. Europe's debt crisis remains fundamentally unresolved. Inflationists are still waiting for a Zimbabwe-like collapse. Yet on January 21, gold fell as low as $1,337 an ounce. WHY?
Filed Under: Ben Bernanke, bull market, European Union (EU), hyperinflation, inflation, Irish debt crisis, quantitative easing, Robert Prechter, safe haven, Sovereign Debt, stimulus package, U.S. Federal Reserve (the Fed)
Category: Gold and Silver
By Vadim Pokhlebkin
1/18/2011 10:15:00 PM
Over the past ten days, the euro has gained almost 600 pips, or 6 cents, against its main rival, the U.S. dollar, moving the EURUSD in the mid-$1.34 range. Forex analysts have attributed the rally to many factors, but from an Elliott wave perspective, the reasons for the EURUSD rally have been quite different from mainstream explanations.
Filed Under: euro, eurozone, euro/USD exchange rate, European Union (EU), eurozone, forex trading, Sovereign Debt, U.S. dollar
Category: Currencies
Silver and Gold Sinking: A Buying Opportunity?
At a time when gold bugs see every price dip as a buying opportunity, it's important to look at a larger picture
By Vadim Pokhlebkin
1/14/2011 6:00:00 PM
You wouldn't know it by looking at all the "We Buy Gold!" ads on late-night TV and your local pawn shops, but gold and silver have sold off hard since the beginning of the year. Why are precious metals falling? "Growing investor confidence," say the mainstream experts. But if you're looking for an independent perspective, you've come to the right place.
Filed Under: Ben Bernanke, gold futures, gross domestic product (GDP), hyperinflation, inflation, Robert Prechter, safe haven, sentiment, silver futures, Sovereign Debt, technical analysis
Category: Gold and Silver
EURUSD: Up, But For How Long?
Is the euro rallying due to news of Japan buying euro zone bonds, or is there another reason?
By Vadim Pokhlebkin
1/11/2011 10:00:00 PM
The EURUSD gained on January 11 -- but charts make clear that the actual EURUSD rally began on January 9, before the positive news from the euro zone appeared. Here is an Elliott wave explanation for the euro's strength.
Filed Under: euro, eurozone, euro/USD exchange rate, eurozone, forex trading, Japanese yen, online trading, Sovereign Debt, technical analysis, U.S. dollar
Category: Currencies
By Vadim Pokhlebkin
12/23/2010 1:00:00 PM
Fundamental analysts look at forex markets the way they look at physics: For every action, there is a predictable, linear, immediate reaction. Simple. Well, this week we've seen two perfectly euro-bullish news stories; both had to do with China. Yet the euro didn't rally -- let's take a look at some of the reasons why.
Filed Under: central banks, Chinese markets, Elliott Wave Principle, euro/USD exchange rate, euro, eurozone, euro/USD exchange rate, European Union (EU), forex trading, forex trading, fundamental analysis, Sovereign Debt, U.S. dollar
Category: Currencies
By Vadim Pokhlebkin
12/21/2010 11:30:00 AM
After Moody's recent downgrade of Ireland's credit rating and a fresh warning about Portugal's rating being placed "on review" for a possible downgrade, it's clear that the euro zone credit crisis is not over. For a different perspective on Europe's credit crunch, we invite you to read this free report by Elliott Wave International's European Financial Forecast editor Brian Whitmer.
Filed Under: credit crisis, credit crisis, credit rating, Elliott Wave Principle, euro, euro stoxx 50, eurozone, european central bank, European Union (EU), eurozone, International Monetary Fund (IMF), Irish debt crisis, Irish debt crisis, Sovereign Debt
Category: European Markets
By Bob Stokes
12/6/2010 5:00:00 PM
A major sign of eroding confidence is the recent cost of sovereign credit default swaps. Think of this as the cost of "insurance against" a European nation defaulting. The cost of this insurance has been rising, which indicates further deterioration in the already "fragile confidence."...
Filed Under: credit default swaps, deflation, euro stoxx 50, European Union (EU), eurozone, market forecasts, Greek debt, Irish debt crisis, Sovereign Debt
Category: European Markets
By Nathaniel Williams
6/16/2010 10:00:00 AM
Greece's debt problems appear to be far from contained, and that's not all. As European Financial Forecast editor Brian Whitmer wrote more than three months ago -- "the crisis will not stop in Athens." As if right on cue, the Prime Ministers of Hungary and Japan warned that they could be next.
Filed Under: Greek debt, Sovereign Debt
Category: European Markets
By Nathaniel Williams
4/29/2010 2:00:00 PM
Can you imagine the chaos that would erupt if T-bill rates were to rocket from 5% to 19% in one month in the U.S.? Something close is happening right now in Greece, Portugal and Spain -- and the contagion is spreading. Excerpted below is some of EWI's prescient analysis about the growing crisis in Europe. As you'll see, the analysis describes what's happening in Europe now -- three months ago.
Filed Under: Sovereign Debt
Category: European Markets
By Vadim Pokhlebkin
3/11/2010 10:15:00 AM
The financial news these days clearly shows that the world economy is on shaky ground. You'd think that because of that, the markets would be as jittery as some of the news anchors are. But they aren't. The DJIA, the world's benchmark stock index, has rallied since early February. And the Chicago Board Options Exchange’s VIX index (the "fear" index) also shows that the markets are not nervous. What does that tell us? Let's look at some historical evidence...
Filed Under: volatility, VIX, Sovereign Debt, Dow Jones Industrial Average (DJIA)
Category: Stocks