Monthly Archives: February 2012

Is the Fed ready for the bond market’s Arab Spring?

Posted on February 16, 2012 by macromon

We’ve updated our database of the Federal Reserve’s ownership of the U.S. Treasury coupon curve.  The resulting chart highlights a couple of interesting issues about its structure and holdings of outstanding notes and bonds. First, though nothing new, it shows … Continue reading →

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

The Greek Tragedy

Posted on February 15, 2012 by macromon

(click here if video is not observable)

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

Apple Gone Wild!

Posted on February 14, 2012 by macromon

Apple is in full parabolic repricing mode. The stock, alone, has created $150 billion of wealth since early October, which is almost 1 percent of U.S. GDP.   The market cap has become so large that if AAPL is repriced to … Continue reading →

Posted in Apple, Equities | Tagged , , | 2 Comments

Spain facing fine over manipulating deficit data

Posted on February 14, 2012 by macromon

We’re shocked, shocked to find out that governments manipulate their economic data.   Not! (click here if video is not observable)

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

Clash of Generations: Young Adults Hit Hard

Posted on February 14, 2012 by macromon

Take a look at the Pew Research Center’s study of the relative unemployment rates among various age groups in the United States.   Young adults have been hammered by the Great Recession. Isn’t this the generation that is going to … Continue reading →

Posted in Demographics, Employment | Tagged , | 1 Comment

Worldwide Debt

Posted on February 14, 2012 by macromon

Shocking chart from Jeffery Gundlach’s  “Fall of the Roman Empire” presentation. Looks like the global central banks’ balance sheet expansion is only in the first inning.   Not by choice but by necessity. Freakin’ stunning! Click on chart to enlarge … Continue reading →

Posted in Black Swan Watch, Bonds, Budget Deficit, Sovereign Debt, Sovereign Risk | Tagged , , | 1 Comment

Athens traders count the cost of anti-austerity riots

Posted on February 13, 2012 by macromon

(click here if video is not observable)

Posted in Euro, PIIGS, Sovereign Debt, Sovereign Risk | Tagged , , , | 2 Comments

Week in Review: VIX spikes

Posted on February 12, 2012 by macromon

We have added the Australia All Ordinaries Index to our tables, not just because of our friends down under but because it is a player in the international equity market.   Also note the spike in the VIX. (click here if … Continue reading →

Posted in Week in Review | Tagged , , , , , , , , | 1 Comment

Global Trend Indicators

Posted on February 11, 2012 by macromon

(click here if tables are not observable)

Posted in Global Trend Indicators | Tagged , , , , , , , | 1 Comment

Greece ruling coalition members quit over austerity plan

Posted on February 10, 2012 by macromon

(click here if video is not observable)

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