sovereign debt

The European Union can try to save itself or let private investors flee.
As the European debt crisis escalates, most commodity markets are getting hit hard.
The last resort of forgiving European sovereign debt may bring more problems than solutions.
Austerity is not the solution by itself; Greece and France need better policies to stir growth.
Unlike last time, we know how this situation will unfold -- so it's not nearly so scary.
It's better that stocks get lowered now rather than after companies have reported.
The danger of this deficit-cutting approach is that it can crimp economic growth.
Expectations for a failure of the bond deal were way off, and here's why.
Japan's contracting economy, waning competitiveness and heavy debt load weigh heavily on the yen.
Signs of contagion indicate Portugal may be the next PIIGS domino to fall.

Columnist Conversation / Market Updates

| May 16, 2012
| 4:04 PM EDT
U.S. stocks again gave up early gains and finished Wednesday lower....
| May 16, 2012
| 2:58 PM EDT
Stocks are hovering around flat, but the credit market is trading very poorly. Bid-wanteds in cash are rolling in, especially in the go-go financial names....

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