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Good News: Eurpoe’s Problems Now Affecting All Markets

There are two types of investors at the moment, according to Paul Donovan, the senior economist at UBS.

There are those obsessed by the debt crisis and fretting over market meltdown and those focusing on the positives, like emerging market growth, Donovan told CNBC Tuesday.

But with stocks across the world selling off and the euro [EUR=X 1.2243 -0.0099 (-0.8%) ] sharply lower on the week, fears over the debt crisis are driving more and more people towards the more bearish camp.

“Two years ago no one questioned whether a euro zone member would default,” he said. “Now people are questioning if the euro will even exist in three years.”

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Law & the Courts

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Judge Amy Coney Barrett’s impressive dissent in Kanter v. Barr (pp. 27-64) illustrates both her fidelity to the Supreme Court’s landmark Second Amendment ruling in District of Columbia v. Heller (2008) and her masterful application of the constitutional methodology of originalism. Rickey I. Kanter pleaded ... Read More
Law & the Courts

Judge Barrett on the Second Amendment

Judge Amy Coney Barrett’s impressive dissent in Kanter v. Barr (pp. 27-64) illustrates both her fidelity to the Supreme Court’s landmark Second Amendment ruling in District of Columbia v. Heller (2008) and her masterful application of the constitutional methodology of originalism. Rickey I. Kanter pleaded ... Read More

The Arson Party

About that peaceful transfer of power . . . I do not have access to my friend Mario Loyola’s Donald J. Trump super-secret decoder ring, but I am inclined to accept Loyola’s explanation that what President Trump was trying to say, but couldn’t quite manage to say, was the usual witless Trump trolling -- ... Read More

The Arson Party

About that peaceful transfer of power . . . I do not have access to my friend Mario Loyola’s Donald J. Trump super-secret decoder ring, but I am inclined to accept Loyola’s explanation that what President Trump was trying to say, but couldn’t quite manage to say, was the usual witless Trump trolling -- ... Read More
Education

Husband of Sen. Dianne Feinstein Admits to Helping Well-Connected Applicants Gain Admission to University of California: ‘No One Ever Told Me It Was Wrong’

The husband of Senator Dianne Feinstein (D., Calif.) admitted on Thursday to sending an inappropriate letter identified in a state audit that appeared to help an applicant to the University of California, Berkeley, get accepted to the school. The California State Auditor issued a scathing report on Tuesday ... Read More
Education

Husband of Sen. Dianne Feinstein Admits to Helping Well-Connected Applicants Gain Admission to University of California: ‘No One Ever Told Me It Was Wrong’

The husband of Senator Dianne Feinstein (D., Calif.) admitted on Thursday to sending an inappropriate letter identified in a state audit that appeared to help an applicant to the University of California, Berkeley, get accepted to the school. The California State Auditor issued a scathing report on Tuesday ... Read More