Monthly Archives: October 2011

Quote of the Day: Sarkozy’s Warning

Posted on October 20, 2011 by macromon

If there isn’t a solution by Sunday, everything is going to collapse – French president Nicolas Sarkozy

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

China’s U.S. Debt Holdings

Posted on October 19, 2011 by macromon

                     (click here if chart is not observable)

Posted in Charts, China, Sovereign Debt | Tagged , , | Leave a comment

S&P500 Key Levels

Posted on October 19, 2011 by macromon

It’s kind of useless, in our opinion, to be looking at the technicals as the market approaches the big life or death event.   The EU debt plan is either going to be taken positively, in which case the S&P500  will … Continue reading →

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Occupy Harvard, Columbia, & Berkeley

Posted on October 19, 2011 by macromon

Here’s a piece we posted last November which has relevance to those who are camped out in lower Manhattan and their Occupy Wall Street offshoots around the country and world.  We’ve changed the source of the video as the old … Continue reading →

Posted in Black Swan Watch, Geopolitical, Housing, Politics | Tagged , , , | Leave a comment

World’s Highest Paid Political Leaders

Posted on October 19, 2011 by macromon

Here’s some interesting data coming to us from Investopedia.com.  Now you can understand the frustration of Frau Merkel as she bails out countries’ with leaders making a higher salary than hers! Top 10 Political Leader’s Salary by Country (2010): 1. … Continue reading →

Posted in Economics, General Interest, Politics | Tagged , , , | Leave a comment

President of Wal-Mart China Resigns After Pork Scandal

Posted on October 18, 2011 by macromon

(click here if video is not observable)

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U.S. Public Debt: Going Greek

Posted on October 18, 2011 by macromon

Here is one chart that may be used in our grandchildren’s economic and political history classes.   The current debt service burden on the national debt (as % of GDP) is as low as it has been in last thirty years.  … Continue reading →

Posted in Black Swan Watch, Bonds, Economics, Sovereign Debt, Sovereign Risk | Tagged , , , | 6 Comments

In China, Black Market iPhone Costs $1700

Posted on October 17, 2011 by macromon

(click here if video is not observable)

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NY Times: Greek government’s $38,000 bills for office curtains

Posted on October 17, 2011 by macromon

Today’s NY Times piece on the failure of Greece to cut its bureaucracy is a must read for anyone trying to understand one of the major forces driving global markets.   It also gives context to why Germany and other core … Continue reading →

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

Macro Notes from the IBM Earnings Call

Posted on October 17, 2011 by macromon

Diluted EPS: GAAP: $3.19, up 13 percent; Operating (non-GAAP): $3.28, up 15 percent; Revenue: $26.2 billion, up 8 percent, up 3 percent adjusting for currency; Net income: GAAP: $3.8 billion, up 7 percent; Operating (non-GAAP): $4.0 billion, up 9 percent; … Continue reading →

Posted in Earnings | Tagged | 1 Comment