sovereign debt

The Role of Monetary Policy to Exit the Euro Crisis

2011-12-09T14:22:08-05:00By Rob McDonald|Categories: Blog|Tags: 10 year yields, bond buying, bond purchasing, Draghi, ECB, France, Germany, Italy, monetary policy, PIGS, QE, QE3, Quantitative Easing, sovereign debt, yields|

All eyes were glued to yesterday’s press conference from European Central Bank (ECB) President Mario Draghi. The news flow seemed positive as each headline crossed the wire. Interest rates were cut for the second consecutive month. The collateral requirements for [...]

A Landlocked Contagion

2019-06-06T14:35:54-04:00By Rob McDonald|Categories: Blog|Tags: AAA, austerity, EU, European debt crisis, European recession, European Union, Eurostat, exports, GDP, sovereign debt, stock market volatility, trade deficit, Warren Buffett|

To be blunt, Europe is a mess. It is difficult to read through any of the morning papers these days and not feel pessimistic. Not only has the market fell victim to headline-driven volatility, the stories behind each one illustrates [...]