Following up on last week's articles, it seems that some of the exuberance of the past week has given way again to harsh reality... The EIU's most recent press release highlights their survey findings on impending fundamental changes in Capitalism heralding a "new era of lower risk tolerance"...
Continuing with the EIU... regional implications not often heard about, but not surprising given the "deals" in the Weekly Travel section lately: what is happening in the tourist-dependent Caribbean region?
And the big 5 economies in Europe? EIU speaks to a varied set of circumstances in these markets and a decidedly negative view on near term economic performance with a growing list of downside risks and yet to be realized impact from growing issues in eastern Europe.
As for the US, the topic of Credit Card legislation is still front and center with some new developments since last week on the subject of credit line exposure and impending decreases -on the order of $2Trillion....
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