Two of my favorite money managers Steven Romick and Jeffrey Gundlach collide for some fabulous analysis on the current markets.  Enjoy. http://www.gurufocus.com/news/177321/steven-romick-interview-comments-on-the-markets-shorting-spanish-banks INVESTING IN THE FINANCIAL MARKETS INVOLVES RISKS. OPTIONS ARE NOT SUITABLE FOR ALL INVESTORS.Read More

Provisions for loan losses in Spain continue to rise deepening the financial problems in the European economy.  Unlike in the United States many of these banks haven’t raised the necessary capital but instead merged with other larger banks.  The EU needs to have mechanisms in place to recapitalize the banks and stimulate growth. If banks...Read More