thenews / Profile

Société Générale strategists are warning clients of another "Eurozone shockwave" coming this spring. In fact, they say it's going to be one of the three major themes driving global currency markets for the rest of 2013. The Italian election yielded

The world is changing, and nowhere is that better illustrated than in a good series of charts. Luckily, we've seen no shortage of excellent charts this week that amply illustrate the changes underway. The best charts this week touch on everything

In December 2006, the ECB established the HFSC network of survey specialists, statisticians, and economists from its own ranks, national central banks of the Eurozone, and statistical institutes. The acronym stood for Household Finance and

There are two basic approaches to fixing our crappy economy. The first approach is called "austerity." This logic for this approach rests on the theory that our economy is crappy because our government is spending more than it takes in and that the

The Dow's run to record highs in the stock market's rally this year may not mean it's time for investors to go on a buying spree. Instead, many financial advisers are telling clients to go easy, whether they're just getting back into stocks or

Greek Prime Minister Antonis Samaras on Saturday promised his recession-weary nation that there would be "no more austerity measures" as international creditors prolonged an audit of crisis reforms. "There will be no more austerity measures," Samaras

The world continues to watch for any sign that the fiscal shenanigans happening in DC are derailing the US recovery. Goldman is feeling optimistic that things will be okay. BofA/ML's David Woo is concerned that we're about to see a sharp slowdown in

If you've been selling the British pound recently, congratulations. Expectations of more monetary easing and dismal economic reports have been weighing on the currency. But if you're thinking it's time to step back, think again. This strategist says

Shocker! The hottest market in the world, Japan, actually fell last night. The Nikkei's winning streak was stopped at 8 sessions, as the index fell 0.28% in a late day dive. In the meantime, US futures are down a bit, and Europe is going nowhere

For nearly two decades, we've counted on China to be the perpetual growth machine that would power the world's economy. But as many have observed, that era is slowly coming to an end. Jefferies recently published a massive 426-page report that boils

The U.S. economy added 236k jobs in February and the unemployment rate fell to 7.7 percent. As slow as hiring has been, small businesses have been hiring far less than the big corporations. From TD Securities' Millan Mulraine: Labor market

In his Congressional testimony last week in Washington, Fed Chairman Ben Bernanke took time to downplay the significance of the few dissenting voices on the Fed's Open Market Committee (FOMC). Those statements, combined with an even more dovish

At today’s meeting the Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.75%, 1.50% and 0.00%

European stocks and U.S. index (SXXP) futures advanced before a report that may show the world’s largest economy added workers at a faster pace last month. The dollar strengthened and grains climbed. The Stoxx Europe 600 Index rose 0.5 percent at

This is one of the more bullish takes we've heard lately on the way things are shaping up across global markets, courtesy of the equity derivatives team at JPMorgan (led by Michiro Naito). In the picture-perfect world: We are all aware that the

The Dow Jones Industrial Average set a new all-time high this week. And the S&P 500 is within points of its October 2007 high. Now what? S&P Capital IQ's Sam Stovall believes the odds suggest we're going to go back down again, at least for a bit. He

A new report from the OECD says the price of Brent crude will hit $190 (h/t FT). The reason is that worldwide demand is set to rebound — the group says should world growth return to anything close to pre-crisis rates there will be a commensurate

Beppe Grillo, the leader of Italy's nascent Five-Star Movement catapulted into power by last week's Italian elections, is causing a bit of a stir this weekend. Saturday, Grillo told German weekly news magazine Focus that given the dire straits

Stable prices: check. No growth: check. Record unemployment: check. Further European Central Bank action to jump start the eurozone economy: Let me get back to you. ECB President Mario Draghi says he's doing what he can. Interest rates have been held

The late German economist Rüdiger Dornbusch told us that a crisis takes a much longer time coming than you think, and then it happens much faster than you would have thought. The point is that the euro EURUSD -0.0768% saga can persist for a while