What’s the Story Morning Glory?

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WSJ Pre-Market Brief: Market tone: Stocks called higher in line with futures; euro higher against the dollar following Italian bond-auction; Treasurys lower; Nymex crude higher at $98.91; gold up … [Read more...]

In Between Days

Europe Interest Rates

Reuters U.S. stock futures jumped in early electronic trading on Sunday on the latest round of proposals out of Europe designed to corral the growing euro zone debt crisis. U.S. stocks suffered … [Read more...]

In Between Days

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NYT PARIS — Quashing recent speculation of a softening in Germany’s hard-line stance on the euro, Chancellor Angela Merkel repeated on Thursday her firm opposition either to bonds issued jointly … [Read more...]

In Between Days

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NYT FRANKFURT — Banks clamored for emergency funds from the European Central Bank on Tuesday, borrowing the most since early 2009 in a clear sign that the euroregion’s financial institutions are … [Read more...]

Welcoming Our Latest Contributor Ken Grant of Risk Resources LLC, and His Latest Thoughts

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I would like to introduce a great friend and former colleague, Ken Grant as a contributor to RiskReversal.com.  Ken and I worked together at SAC Capital back in the late 1990s and at Exis Capital … [Read more...]

In Between Days

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WaPo It’s not just Italy anymore. Spain’s borrowing costs are rising. French bond yields keep ticking ominously upward. The market conflagration is threatening to spread to all of Europe. Yet … [Read more...]

In Between Days: Eurogeddon?

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WSJ LONDON—European banks, increasingly concerned about their ability to access funding, are devising complex and potentially risky new deals that enable them to continue borrowing from the … [Read more...]

In Between Days

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CNBC Wal-Mart and Home Depot report earnings ahead of the opening bell, as do Staples, TJX and Beazer Homes. Retail sales, released at 8:30 a.m. EST, are expected to be up 0.3 percent for October, … [Read more...]

MorningWord: 11/14/11

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MorningWord: 11/14/11:  Just when you thought our markets could once again focus on stuff like our own economy and corporate earnings, Italy has to go and try to sell some Treasury's to fund … [Read more...]

In Between Days: SuperCommittee

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BBC Mario Monti has been asked to form a new Italian government to tackle an acute debt crisis which prompted the resignation of Silvio Berlusconi. Mr Monti, an ex-EU commissioner, said he was … [Read more...]

MorningWord: 11/11/11

MEMORIAL

MorningWord: 11/11/11: Europe seems like a slightly safer place over the last 30 or so hours.....Yields on Italian debt are coming down hard from historic levels while the country's senate approved … [Read more...]

MorningWord: 11/10/11

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MorningWord: 11/10/11:  Yesterday's 3.67% sell off in the SPX was in some ways a  healthy reminder that our markets, at least for the moment are a slave to the process to bail out weak European … [Read more...]

MorningWord: 11/9/11

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MorningWord: 11/9/11:  I spent most of yesterday afternoon's 1.5% rally in the SPX scratching my head asking anyone who would listen why a new PM in Italy and Greece, with both nations scrambling to … [Read more...]

In Between Days: Italian Sausage

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NYT ROME — The European debt crisis appeared to claim its most prominent victim on Tuesday when Prime Minister Silvio Berlusconi of Italy, cornered by world markets and humiliated by a … [Read more...]

In Between Days: Italian Dressing

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BBC Italy's PM Silvio Berlusconi is set to face a crucial vote on the budget, amid fears that Italy could be the next victim of the Eurozone debt crisis. Borrowing costs for Italy's government … [Read more...]

In Between Days: Bad Haircut

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Pragmatic Capitalism Let’s not sugarcoat tonight’s “resolution” – this is merely a temporary measure that will buy them more time to resolve the true cause of the currency crisis.  Let’s … [Read more...]