Tag Archives: Euro

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European Growth Concerns Deepen

Author: William Witherell, Ph.D., Post Date: January 28, 2019
Cumberland Advisors Market Commentary by William "Bill" Witherell, Ph.D.

The latest economic indicators reveal that the economic slowdown in Europe persists. President Draghi of the European Central Bank (ECB) has underlined the continued weakness, expectations for softer near-term growth, and downside risks. The International Monetary Fund (IMF) has lowered its economic projections for the euro area. Political uncertainties in Europe add to the headwinds […]

Drachma!

Author: David Kotok, Post Date: May 29, 2012

The drachma, the Greek currency, is over 3000 years old.  It was the most widely circulated coin in the world prior to the time of Alexander the Great. Readers may enjoy a few minutes of study about Alexander the Great.  His Macedonian army conquered Persia and much of the rest of the ancient world.  His […]