eurozone definition
-
Eurozone Risks Don't Rule Out These Solid Income Opportunities
Money Morning's Chief Investment Strategist, Keith Fitz-Gerald has kept our readers on the bleeding edge of developing financial stories for nearly a decade.
Keith's broad and deep knowledge of the global financial markets - he splits his time between residences in the U.S. and Japan and sees far more than your U.S.-locked analyst - gives him a unique perspective on how the macroeconomic patterns affect the micro environment in which individual investors make their decisions.
He recently returned from Europe and was featured on Fox Business with Stuart Varney. We caught up with Keith just as he returned from the studio with our own questions about his trip, and asked him to share his insights with Money Morning readers.
Keith sat down with Private Briefing's Executive Editor Bill Patalon over the weekend.
Here's what Keith had to say...
-
The Eurozone Hangs On By a Whisker
Four days after the Italian elections only one thing is clear: A majority of Italian voters have rejected austerity.
The problem is their victory came up short by the slimmest of margins.
0.36%. That's the difference between a firm new government that could move Italy out of the Eurozone and the constitutional logjam Italian voters woke up to the next day.As it is, they could roll the dice on a new election, but that could also make matters worse.
Since Italy's a big country with a chunky economy, that's likely bad news for us all.
-
The Eurozone Crisis is Far From Over
The Greek election last weekend has brought us a brief reprieve. The nation and the Eurozone have stepped back from the brink.
But the larger truth is that little has changed.
Yes, the Eurozone has survived its latest test, yet there is little indication where it will go from here. Considerable continental support for the common currency remains, and EU officials will soon introduce initiatives to consolidate banking and financial policy in the European Union.
Still, the problems keep mounting, and there is very little resolve to fix them.
At this point, a lot of actions (or lack of actions) could still upset the entire apple cart.
To continue reading please, click here...
