Monthly Archives: October 2011

Italians Protest Austerity

(click here if video is not observable)

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

Those were the daze….

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Italy and Spain Downgraded by Fitch

The ratings agencies are a complete joke, the last to the party, and usually a contrarian signal, but the Fitch downgrade did cause some market volatility today.   What concerns us more is that Moody’s has put Belgium on watch for … Continue reading

Posted in Black Swan Watch, PIIGS, Sovereign Debt, Sovereign Risk | Tagged , , , | 1 Comment

U.S. September Job Creation by Industry

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Posted in Demographics, Employment | Tagged , | Leave a comment

Nonlinear Thinking: iPhone Can Detect Blood Disorders

The legacy of Steve Jobs will live long and reach wide.   It’s amazing to think the transformation his vision and technological genius had, is having, and will continue to have on the global economy and society at large.  What a … Continue reading

Posted in Apple, Nonlinear Thinking | Tagged , , , | 1 Comment

Nobel Peace Prize Update

The  Nobel Peace Prize for 2011 was awarded in three equal parts to Ellen Johnson Sirleaf, Leymah Gbowee and Tawakkul Karman for “their non-violent struggle for the safety of women and for women’s rights to full participation in peace-building work.”   … Continue reading

Posted in General Interest | Tagged | Leave a comment

Hang Seng Confirming

Granted there is still a few hours of trading in Hong Kong but the Hang Seng is confirming the moves in the U.S. and Europe, up 9 percent in just a little less than 1 1/2 trading sessions.  The S&P … Continue reading

Posted in Equities, PIIGS | Tagged , , , | 1 Comment

Local Government Financing in China

Yikes!  Look what California’s dependence on tax revenues from the dot.com and housing bubbles did to that state’s fiscal health.   We’re going to see some fugly naked bodies when the tide recedes in China.   Keep this one on your … Continue reading

Posted in Black Swan Watch, China, Muni Market, State and Local Government | Tagged , , | 3 Comments

Angry Greeks

(click here if video is not observable)

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

Occupy Wall Street and the Nobel Peace Prize

Tomorrow’s announcement of the Nobel Peace Prize could give the OWS movement a mega shot of caffeine Red Bull (great pun!).    The Washington Post confirms our priors, Leading Nobel-guesser Kristian Berg Harpviken, the director of the Peace Research Institute in … Continue reading

Posted in Black Swan Watch, Demographics | Tagged , | Leave a comment