Google Inc.'s (Nasdaq: GOOG) plan to merge its European operations might look like a defensive pullback, but it's really a potential buying opportunity. In fact, Money Morning's Defense and Tech Specialist Michael Robinson thinks the stock could soar 50% over the next three and a half years.
Last week Greece got a four-month reprieve on its bailout plan, but the risks that nation presents to the Eurozone and global markets remain.
So it's a good time to review how investors should play the Greek debt crisis.
"From chaos comes opportunity," Money Morning Chief Investment Strategist Keith Fitz-Gerald said in a Tuesday appearance on CNBC Asia's "Street Signs.
The Greek debt crisis is the single-most important thing happening in the markets right now. We've got three scenarios showing how it could affect you...
We've also got three trades you can make today.
All eyes are on Greek debt crisis this week, and rightfully so.
The country lied to get into the European Union, managed its finances terribly during its membership, and now wants to renege on its obligations. I'm not surprised and chances are you aren't either. We've been talking about the fallacy of central banking and the dangers associated with derivatives trading for years.
As an emergency Eurozone meeting today (Wednesday) convenes to discuss a possible Greek debt deal, observers are underestimating Greece.
Surely Germany holds all the cards in negotiating a Greek debt deal, and has a lot of power how much austerity Athens may have to stomach.
Dow Jones futures for Wednesday, Feb. 11, forecasted a 29-point drop from yesterday's close.
Yesterday, the Dow Jones Industrial Average added 139 points on growing investor optimism about a pending deal to address Greece's debt crisis.
Financial News Today: The Greek debt talks looked promising today (Tuesday) - for a little bit.
That was before conflicting reports and a German rebuttal pulled the rug out from under positive momentum.
As remote as the Greek debt crisis may seem, ripples from whatever happens there definitely will hit U.S. markets.
The new leftist government of Greece is currently tangling with the European Central Bank. While both sides seem very far apart, Money Morning Chief Investment Strategist Keith Fitz-Gerald thinks the ECB will blink first.
The European Central Bank (ECB) took a dramatic policy leap Thursday morning...
ECB President Mario Draghi launched a quantitative easing program (QE) that will pump hundreds of billions into Europe's economy.
The euro is falling. Our 2015 euro forecast sees little changing over the next year - and for some time after.
Confidence in the euro is weakening. And the reasons are piling up against the falling currency.
Eurozone Financial News: The euro is falling - so much so that it's trading at lows not seen since 2006.
It did gain somewhat as the day wore on. But in the morning, the euro hit a low of $1.1885.
Yet another Greek tragedy is playing out in economically distressed southern Europe.
Greek Prime Minister Antonis Samaras failed to win support for his presidential candidate.
So citizens will head to the polls again, this time 18 months ahead of schedule.
With the "extreme left" party currently in the lead, there's more than political posturing at stake.
Volatility is sure to rise, and the pressure on ECB President Mario Draghi to "do something" will grow stronger than ever.
It feels like "déjà-vu all over again" as Europe continues to try and find ways to remain unified.
As the European Central Bank (ECB) top brass battle it out on quantitative easing, the stakes couldn't be higher.
Europe's at the precipice of deflation, despite European Central Bank President Mario Draghi attempting to do "whatever it takes" to avoid that fate.
But dissent at the highest levels could quickly change the winds of investment in Europe.
The problems are getting deeper as three of the European Central Bank's board members are throwing a wrench into his plans.
This seemingly trivial ECB stalemate could quickly trigger recession, or worse. Europe's monetary union is feeling the pressure, and that's adding further stress to its political union because, after all, it's always about the money.
On September 4, the European Central Bank lowered the interest rate on its main refinancing operations by 10 basis points to 0.05%. In addition, the interest rate on its marginal lending facility was reduced by 10 basis points to 0.30% and the interest rate on its deposit facility was reduced by 10 basis points as well to -0.20%.
These rate cuts came as a bit of a surprise to the markets since only three months ago the central bank cut interest rates and was waiting for these cuts to stimulate economic growth.
Unfortunately, growth has slowed rather than jumped since then...
The news of rate cuts from the European Central Bank (ECB) is giving traders more reason to short the euro.
This looks like a further step toward large-scale quantitative easing in the Eurozone, and the euro is likely to see devaluation at the hands of inflationary cues from the ECB.