Tim Travis'  Instablog

Tim Travis
Send Message
Tim Travis is a veteran deep value investor and money manager. Travis has extensive experience in traditional investments such as stocks and bonds, in addition to having a unique methodology of combining options and distressed investing with value investing to generate income, reduce risk, and... More
My company:
T&T Capital Management
My blog:
T&T Capital Management Blog
  • Europe Dims German Outlook-WSJ 0 comments
    Jul 24, 2012 12:53 PM

    The European crisis continues to dominated markets all over the world and Moody's Investor Service dimmed its outlook on Germany further exasperating the situation. Rising bond yields in Spain and Italy are a function of the European leaders not doing enough to promote confidence and resolve the crisis. By the constant posturing and threatening, European leaders have only shown a willingness to make things happen when the markets force their hand. The situation might have been much different if the European would have instituted a TARP-like program in addition to the LTRO. Euro-bonds are still the only real solution that makes sense long term for the EU. Politicians have also fought tooth and nail to prevent the ECB from buying debt issued by peripheral countries. While there has been progress it has been done in a slow and exasperating way which has roiled confidence, and decreased investment. This in turn has hurt these debt-ridden economies much more than they would have been hurt if quicker resolution would have occurred. While progress is made cutting expenditures, reduced growth prospects is making the job that much harder. Until Europe realizes that it's "all hands on deck" to fix the problems, volatility will continue to reign supreme.


Back To Tim Travis' Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.