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Purple Crayon: How to Save the World Now

Six months ago I told you how to save the world (read: save the market). That wish list didn’t pan out, and sure enough the world is not saved. But I’m willing to give it one more shot. If you

Greek Default: Why Europe Thinks It May Not Be So Bad

European leaders are beginning to accept the idea that Greece will be forced to default on its debt, causing a long-feared “credit event” that triggers billions of dollars of credit default swaps. Financial markets have been worried for months about

Will Middle East Tension, EU Debt Crisis Kill the Market Rally?

The news out of Europe is weak, with Greece and its beleaguered debt holders continuing to fight over whether the country should pay back more or less than 50% of what it owes. The Middle East situation is worse even