Top Nav


The Confidence Problem

Stocks just ended their worst quarter since the financial crisis. The Nasdaq and S&P 500 each lost more than 12%.

Is Greek Default Coming?

Germany and France say they will continue to support Greece with bailout money. Greece says austerity measures will be implemented to get that bailout money.

How to Play Greek Default

If (when) Greek defaults, European banks will suffer losses to their capital base. They may have to raise cash with secondary offerings and perhaps sell assets., and U.S. money market funds that own European bank debt will likely have to do some maneuvering.