Monthly Archives: September 2011

Watch the Hang Seng

We’ve posted many times on this blog about how the Hang Seng Index is one of our indicators species for global risk appetite.  The index usually leads global markets on the downside and turns up before most. While all eyes … Continue reading

Posted in Black Swan Watch, China, Equities, Global Stock Performance | Tagged , , | 1 Comment

Takin’ It to the Greek Streets

The future of Euro is going to be determined by the Greek street in the next few weeks and how they react to the new austerity measures.   G-Pap has his work cut out convincing the population the pain is … Continue reading

Posted in Black Swan Watch, Budget Deficit, Euro, Fiscal Policy, PIIGS, Sovereign Debt, Sovereign Risk | Tagged , , | Leave a comment

Holders of Sovereign Debt

Here’s a great chart just released by the International Monetary Fund.   Note that almost half — 47 percent —  of the US$14.7 trillion U.S. federal government debt is held by the Federal Reserve and the government itself, such as the … Continue reading

Posted in Bonds, Fiscal Policy, PIIGS, Sovereign Debt, Sovereign Risk | Tagged , , , , , , , | 10 Comments

Italy Reeling After Downgrade

(click here if video is not observable)

Posted in Black Swan Watch, Euro, PIIGS, Sovereign Debt, Sovereign Risk, Video | Tagged , , , | Leave a comment

Cloudy Patterns in the S&P500

They say if you stare at the clouds long enough you can see any pattern you want to see. So is it with stock charts.  To profit, however, it is essential that others see what you’re seeing. So we ask, … Continue reading

Posted in Equities, Global Stock Performance | Tagged , , , | 1 Comment

Quote of the Day: Lightning Speed Economics

In today’s FT column Larry Summers quotes our late friend Rudiger Dornbusch, In economics, things take longer to happen than you think they will, and then they happen faster than you thought they could.

Posted in Quote of the Day, Quotes | Tagged , , | 1 Comment

Why Italy Matters

Standard and Poor’s  just announced they’ve downgraded Italy’s credit rating to A from A+, with a negative outlook.   Italy is the camel that will break Europe’s back if they can’t contain the crisis to the smaller countries of the periphery.  … Continue reading

Posted in Black Swan Watch, Bonds, PIIGS, Sovereign Debt, Sovereign Risk | Tagged , , | 5 Comments

Apple Breaks Out to New Highs

Like a hot knife through butter Apple pierced through its all-time high of $404.50, trading up to $411.50 before some minor profit taking.   The global economy is in the midst of dramatic change and Apple is leading that charge. … Continue reading

Posted in Apple | Tagged , | 2 Comments

Week in Review

(click here if charts are not observable)

Posted in Week in Review | Tagged , , , , , , , , | 3 Comments

Global Trend Indicators

(click here if tables are not observable)

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