Tag Archives: greece


Banks: Watching a bank run in Greece…..

We have previously written about keeping a firm eye on deposit flows in the Greek banking system. With election results only a few days, the implosion of bank share prices is not encouraging…

January 28th, 2015 by


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Greece is the word…..again!

Oh dear, another political crisis in Greece and an election due on January 25th. So far, markets are reasonably calm about the outcome. The question for WealthiFi readers might be “Will Greek bank deposits show similar inertia?”. 

December 30th, 2014 by


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greece and germany

Macro: Is Greece still the word but just not in German…?

Politicians love delaying thorny issues just long enough for their own pensions to be collected. But how long before Greece is on everybody’s lips again?

December 10th, 2013 by


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All asset classes pounded but there was one huge winner!

Yesterday was ugly across the asset class universe bar the liquidity haven of the US dollar. However, there was one other huge winner which we highlighted on June 13th.

June 21st, 2013 by

Behavioural Finance

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Guess what? Cyprus funding hole is way bigger than thought!

Oh lordie, what a mess. The latest news from Cyprus is that it will need an extra €6 billion (or one third of its GDP!) on top of the €17 billion bail-in cost estimate from less than a month ago!

April 11th, 2013 by


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Euro Banks: Will there need to be a Plan B?

Mario Draghi in his ECB press conference stated there was no Plan B on potential sovereign exits from the euro but the peripheral nations continue to throw up some awkward questions.

April 8th, 2013 by


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All is well in Europe unless you’re a tree!

Much of the commentary in recent days has focused on the diminishing fear of big macro events. Take your pick from Mid-East tensions, US budgetary tussles, China growth and European debt chaos.

January 14th, 2013 by


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Banks: Not quite back to normal!

We are often asked why WealthiFi retains a reasonable degree of scepticism about the health of the banking system.

December 4th, 2012 by


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Superstorm in US but Europe not as calm as you think!

We will let the economic glitterati speculate in the media as to the financial impact of Superstorm Sandy but our experience of such disasters would suggest big picture economic activity will shrug this off.

October 30th, 2012 by


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Australia more like PIIGS than we thought…!

It’s not just WealthiFi worried about the size of the Australian banking system – already bigger than that of the entire Eurozone – there are others worried about foreign lending to same.

August 28th, 2012 by


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