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Posts Tagged ‘Italy’

The stock market plunged 390 points yesterday. Are you surprised? I’m not, especially in light of the sentiment I’ve been sharing in my recent posts. Our stock market is a gut reaction to what’s happening out there, and right now, that’s in Europe. The market is only as smart as the last person it talked [...]

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If you’re a news person or you follow finance then you’re no doubt already aware of the situation in Greece. That country is a mess. It’s debt is astronomical; it has no capacity to repay; the political situation is volatile at best; there are mass protests, and nobody has any idea what to do. That’s [...]

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As I vacation in Italy, I find myself learning an important lesson – not one that I didn’t tacitly understand before, but one that became more pronounced in my mind over the last few days. I’ve always said that in the business of turnaround you want to go with the gray-hair or no-hair guy. That [...]

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