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The U.S. stock market fell apart late in the day on Wednesday after the major averages spent much of the session near the unchanged mark. Investors continue to sell risk assets as fears ramp up over rising Spanish bond yields, signalling that the European sovereign debt crisis may be spinning out...

US stock futures are higher this morning, recouping some losses from yesterday when we saw a 2% reversal in stocks to close on the absolute lows. Stocks opened on high's yesterday, as traders hoped that the Spanish bailout would be a real game changer. However, fears soon rose over the amount of...

In the morning primer, I wrote "Stock futures and other risk assets are up overnight as the Eurogroup agreed to a bailout package of the Spanish banks overnight and Chinese data was not as bad as expected following the surprise rate cuts last week." Well, that was a premature reaction. What we...

As the UEFA European Championship, commonly known as Euro 2012, continues through the first matches of the group stage, an interesting pattern arises. Of all sixteen nations in the tournament, only three nations, the Czech Republic, Italy, and Ireland, have not defaulted since the year 1300....

In a report following up on the Spanish bailout, Credit Suisse highlights the good, the bad, and the ugly of the Spanish bailout. It is true that the speed at which this decision was reached was rather speedy for the Europeans, however more is left to be done. Credit Suisse highlights three...

As the European Debt Crisis has now taken down its fourth nation, now batting .800 or four out of five, let us discuss the bailout that may not be as stellar as originally thought. As I wrote on Friday, a European TARP could not work, and so the question became of what shape would the Spanish bank...

Good morning on this Monday, and it is a good Monday as we wake up to see a sea of green. Stock futures and other risk assets are up overnight as the Eurogroup agreed to a bailout package of the Spanish banks overnight and Chinese data was not as bad as expected following the surprise rate cuts...

The recent turmoil in Spain has been at the forefront of all investors radars. Whatever the cost of bailing out Spain and recapitalizing its banks may be a priority, the Europeans will be forced to use up the remaining firepower that exists in the bailout funds to do so. Estimates on Wall Street...

There is a lot of data highlighting the overnight session into tomorrow and also during Wednesday's session. Tonight, at 7:15 pm, we get Japanese Manufacturing PMI. This is an important number because Japan has a large manufacturing base and it is interesting to see how Japan is recovering since...

Tomorrow is the informal meeting of the European Commission and the European heads of state, which is a meeting to help set the agenda and decide on exactly what they will sign at the formal meeting in June. There will be lots of headlines and quoting of every person there, but I think that there...

Goldman Sachs' (NYSE: GS) rockstar Jim O'Neill reinforces his ongoing thesis that Greece-focused histeria is tedious at best. While he believes European Monetary System concerns are valid and sovereign debt issues will be there for the foreseeable future, he thinks Greece is small peanuts as long...

While the Occupy Wall Street movement set its sights on occupying a financial center, Germany has accomplished the vastly more impressive feat of occupying an entire nation: Greece. Germany has experience at occupying Greece, having done so during World War II. The art of occupying another...

Shortly after signing an agreement with 25 other European Union leaders for a new fiscal treaty that would punish euro zone countries that failed to meet budget targets, Spanish Prime Minister Mariano Rajoy dropped the bombshell that Spain was going to run a bigger 2012 deficit than the one it had...

The leaders of most European Union countries signed a new fiscal treaty aimed at preventing another sovereign debt crisis from happening. The leaders also hope that the treaty, also referred to as the fiscal compact, will reassure the markets that troubled euro zone members like Spain and Italy...

The European Central Bank provided euro zone area banks with another 530 billion euros ($712 Billion) in cheap loans on Wednesday. The European Central Bank (ECB) hopes that the low interest loans that it gave to 800 euro zone banks will give the euro zone economies a boost and lower the borrowing...