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There are no bullets, but plenty of verbal projectiles being fired. "More Europe" has dwindled to a pipe-dream shared by Mr. Macron and Ms. Merkel and few others. The notion of a European Parliament having sway over each of the 27 nations in the European Union is about to be dismantled, in my ...
Elga suggests a few investment options that may benefit from a pick-up in European growth and any decline in geopolitical concerns. We continue to prefer a "barbell" approach to risk-taking in the late-cycle stage: quality stocks, income-generating bonds and emerging markets. And there a...
There are many here among us who feel that life is but a joke But you and I, we've been through that, and this is not our fate So let us not talk falsely now, the hour is getting late - Bob Dylan I am standing on the Watchtower now. I am peering intently at the European election, w...
It’s been almost three years since the original Brexit referendum passed in a vote that stunned Europe. The British people voted to get out of the European Union, and we’re still waiting for it to happen nearly three years later. At the time of the vote, headlines were blaring Ar...
In late March, as global pessimism was renewed in the world's bond markets, ECB President Mario Draghi appeared as he always does to urge optimism. Yes, Europe's economy in particular didn't finish 2018 as he had been expecting. But a soft patch, Draghi said, wouldn't necessarily " foreshadow ...
Elga explains why politics pose the biggest risk to our base case that European growth should rebound in the second half of this year - and why the European Central Bank's perceived lack of policy options is also a concern. We expect eurozone growth to pick up in the second half of this ye...
Fog in the Channel - Europe isolated So goes an English BBC radio news statement in the 1930s - during the fading days of the British Empire - that showed the disdain the grand elites of Britain towards the minor beings living on the European mainland who had never enjoyed the superior way...
(Source: AZ Quotes , caption and editing by the Author, sagacity by T.S. Eliot) The true state, of what was referred to as "rotten" in the Eurozone, has become clear as elections for the top jobs commence. European Council President Donald Tusk, a Polish native, made it clear that Fra...
I have had the good fortune to be around here for 45 years now. I think I must be approaching some sort of record. It has been a wonderful adventure. Sure, there have been some tough moments, and some mistakes, but then Wall Street is a "learn as you go" enterprise. There is nothing, and I mea...
By Mark Cliffe , Chief Economist and Head of Global Research of the ING Group Trade tensions return Just as pockets of optimism had begun to emerge in the global economy, trade tensions are back. President Trump has taken the trade war a step further with the imposition of fresh tariffs...
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ATLANTA , Dec. 13, 2019 /PRNewswire/ -- Invesco (NYSE: IVZ), one of the world's leading global investment managers, today announced changes to its US exchange-traded fund (ETF) and mutual fund product lines. The fund rationalization is intended to integrate the fund ranges o...