Monthly Archives: January 2012

Euro Fracture: Europe’s Biggest Risk…

Posted on January 29, 2012 by macromon

Now that a financial systemic collapse has been taken off the table with LTRO, it’s reform backlash/fatigue and political risk.   The AP writes this morning, Instead of a beacon for a better future, many Europeans are starting to see the … Continue reading →

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

The Golden Bid

Posted on January 27, 2012 by macromon

Nice breakout in gold on strong volume after the Fed’s announcement they’ll continue to flog savers, possibly into 2014.  Technically it looks good x/the 78.7 RSI overbought condition.   Open interest is way down and you can feel that in the … Continue reading →

Posted in Gold | Tagged , , | 2 Comments

S&P500 Plays Range Rover, Waits on the Shanghai

Posted on January 27, 2012 by macromon

As we posted yesterday, the S&P500 appears to be working off an overbought condition by trading in a relatively tight range between 1306 and 1333.   A break of 1306 could take the index back to 1277, which is key support.  … Continue reading →

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

Weekly Eurozone Watch: Italy below 6 percent, €/$ Squeezola

Posted on January 27, 2012 by macromon

(click here if charts are not observable)

Posted in Euro, Weekly Eurozone Watch | Tagged , , , | Leave a comment

Stratfor: Eurozone Prepares to Eject Greece

Posted on January 27, 2012 by macromon

(click here if video is not observable)

Posted in Black Swan Watch, Euro, PIIGS, Sovereign Debt, Sovereign Risk | Tagged , , , | 3 Comments

Lagarde: The Trillion Dollar Woman and Best IMF Chief Ever?

Posted on January 26, 2012 by macromon

We like this woman  We think she could be the best IMF Chief ever.    Stay tuned. Newsweek: In a dramatic speech in Berlin this week, the IMF chief warned that the world could soon face another Great Depression, calling for … Continue reading →

Posted in Black Swan Watch, Economics, Sovereign Debt, Sovereign Risk | Tagged , , , | 4 Comments

Greece debt talks come down to the wire

Posted on January 26, 2012 by macromon

It’s a done deal.  Everything else is noise.  Seriously, do you think the deal will tank over a couple of basis points? (click here if video is not observable)

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

S&P500 Trying to Work Off Overbought Condition

Posted on January 26, 2012 by macromon

After breaking through its relatively tight short-term trading range on yesterday’s Fed announcement, the S&P500 ran out of gas at 1333.   Our best guess is that in the short run the S&P500 trades in a range of 1306-1333 as it … Continue reading →

Posted in Equities, Global Stock Performance | Tagged , | 4 Comments

The U.S. Wage Gap

Posted on January 26, 2012 by macromon

Interesting chart from the BLS on the U.S. wage gap by race, age, and gender.  Whatever the cause, it shows the U.S. still has a lot of work to do in closing these gaps through increasing the relative productivity of … Continue reading →

Posted in Black Swan Watch, Demographics, Economics, Employment | Tagged , , , , | 2 Comments

Merkel tells Davos that Europe must reform

Posted on January 25, 2012 by macromon

(click here if video is not observable)

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