Game theory: Why Varoufakis is wrong and there won’t be a deal soon.

Yanis Varoufakis have stated several times that soon there will be an agreement between the EU and Greece about the financing matters. He has based his opinion on the fact that both have more to lose if they don’t reach an agreement.  Mr. Varoufakis has even used game theory to support his opinion. My opinion… Read More Game theory: Why Varoufakis is wrong and there won’t be a deal soon.

Earnings Digested: Coach Inc – The turnaround gains traction

Coach Inc (COH) presented last quarter’s results last week. The market reacted with optimism to the news that heavy discounting was largely stopped and encouraging sales in remodeled stores. Additionally, Stuart Vevers collection represented 90% of the women products on sale during the quarter. Photo Credit: gatoreena On the retail side, the company has already… Read More Earnings Digested: Coach Inc – The turnaround gains traction

Market Outlook: The U-Turn In European Politics

European leaders did not understand the essence of the present crisis. The turbulence was provoked by the failure of the established elite’s political direction. The establishment is rotten but its roots are deep; this is the reason why the turmoil provoked by the 2010 debt crisis didn’t make victims sooner. Most of the traditional parties… Read More Market Outlook: The U-Turn In European Politics