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Tag Archives: Europe
Get Set for Grexit
Investors should prepare for Greece to leave the Eurozone—not a disaster but likely to cause significant volatility, especially for U.S. and European financial stocks. George Soros, who has made billions betting on currency market ructions, believes there is a 50% … Continue reading
European Sojourn
First stop: Bruges, Belgium, which at the end of the 14th century was the commercial capital of northern Europe. Then its population was about 40,000, including hundreds of merchants from all over Europe—Italy, Germany, England, and of course Flanders. Spices … Continue reading
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Tagged architecture, Belgium, Europe, food retailing, history, tourism
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Letter from London
It’s a little weird. Central London is booming. Fancy restaurants are packed on Tuesday night. Puny Chelsea townhouses sell for $8 million. Tourists throng Picadilly and Regent Streets. Chippendale mahogany and Tudor oak sell briskly at the BADA antiques fair. … Continue reading
The Wisdom of Felix
The first installment of this year’s Barron’s Roundtable was weirdly muddled, with a lengthy back-and-forth about 2013 S&P 500 EPS that never ever mentioned a specific EPS estimate. When asked directly, “What is your S&P 500 earnings estimate for 2013?” … Continue reading
Seven New Reasons not to Create Jobs in France
If you wonder what tax changes Barack Obama would have made in 2009 if the U.S. had a parliamentary form of government, take a look at what Francois Holland is doing in France. According to the Financial Times: E2.3 billion … Continue reading