The Crystal Euroball

May 11, 2012

by Nicholas Moses

Now that France has elected the Socialist Party candidate for president, and the Greeks have returned a fractious anti-austerity mix in their own parliamentary elections, we can reflect on the implications of this decision for the country's—and euro zone’s—future.

Risk Off Gains a Foothold

There were important developments this week in the realm of market risk dynamics, developments that increased the likelihood that problematic de-risking/de-leveraging dynamics have begun to gain a foothold. 

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