The tensions between Turkey and the Netherlands has heated up with threats of sanctions. From an investment point of view, it is politically motivated on both sides due to the elections in the Netherlands and the Turkish Referendum. The current…
Strong Possibility of the Leave Campaign winning. Brexit is clearly more likely to happen. Please see my quick analysis in the previous article. Expectations: GBP to drop to around 1.20 or even less by year end. US Dollar and Japanese…
The vote is going to be close. During the last few days, the markets and the polls showed the Stay Campaign with a slight edge. Today, I closed out most of my 'risk-on' positions with a profit. It was just…
Our position on Brexit is that it will be very close but will not happen. There are several reasons that we think the vote will swing in favor of staying in the European Union. First of all the issue is…
Anti-austerity forces in Portugal and Spain represent a threat to Germany and European unity. Yesterday, the leftist alliance defeated legislation in parliament that resulted in the end of Prime Minister Coelho after years increased taxes and spending cuts. On the…
The latest in the Greek saga has delayed the latest 2 Billion Euro aid tranche and has put a hold on the 10 Billion Euros earmarked for recapitalizing the banks. The disagreement is on what level of foreclosure protection to…
There are strong reasons to think so. The recent deal between Turkey and the EU is related towards finding a solution for Syria. The fight for Aleppo could result in a large wave of migrants (500,000 plus) flowing to Turkey…
Just as Turkey seemed to be sliding into escalating violence and chaos, an opportunity arose and President Erdogan agreed to 3 Billion Euro aid package with the EU. The impetus of the deal was the increasing migration mess in Europe…
The Syriza government in Greece is at a critical juncture. Having failed to deliver on campaign promises thus far, it has instead focused on several small symbolic victories. The visit to Russia to meet with Putin and making a recent…