Interesting and volatile day. We have seen the US equity markets swing up and down on different news, but the US fiscal cliff discussion is starting to show its effects. In the end the US markets ended positive on President Obama’s and John Boehner comment that a solution might be near. I believe this is[…]

After last week, which has been slow due to Thanksgiving Holidays, we are starting this week in Europe by kicking the can for a third time down the road for Greece and apparently nobody seems to care anymore. Even though Greece’s bankruptcy has been averted, again, the markets are not really reacting and we are[…]

Dear PGM Capital Blog readers, This weekend, we want to talk with you about the Currency War that is currently taking place. Currency war definition: Currency War, also known as competitive devaluation, is a condition in international affairs where countries compete against each other to achieve a relatively low exchange rate for their own currency, in order to support their export.[…]

The markets continue its sell-off and the economic news are not getting any better. This morning Europe was officially declared to be in a recession and the problems in Greece and Spain are far from being solved. The US is trying to avoid its own big problems too, but right now they are happy to[…]

Another start to an interesting week, with Europe dominating the headlines this week with the Greece and sovereign debt issues in Europe creating lots of headwinds. We have seen the European markets and the Euro lose significant value over the past few days, but with the looming problems in the US, the Euro performed relatively[…]

After yesterday’s bad day on the global equity markets, we basically had another red day, but this time more driven from the European continent. After we had not heard any big surprises from China from the first day of the Chinese Communist Party Congress, there was no new momentum out of Asia. Later on Mario[…]