Monthly Archives: April 2012

The Tale of Two Recoveries

Posted on April 24, 2012 by macromon

The Global Macro Monitor is running a series of charts this week analyzing the current jobs recovery. Today we have a couple of background charts looking at the change in monthly nonfarm payroll employment from January 1999 to the most … Continue reading →

Posted in Employment | Tagged , , , | 3 Comments

Charlie Rose: IMF Roundtable on the Global Economy

Posted on April 23, 2012 by macromon

Excellent roundtable on the global economy: The Global Economy with IMF Managing Director Christine Lagarde; Anders Borg, Minister for Finance in the Swedish government; Christina Romer, former Chair of the Council of Economic Advisers in the Obama administration; Duvvuri Subbarao, … Continue reading →

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

Eurozone Flash PMI At 5-month Low

Posted on April 23, 2012 by macromon

Europe is definitely slowing and markets, along with Eurozone politics, are beginning to internalize the slowdown.  Markit reported this morning the preliminary flash reading of the Eurozone Composite PMI fell to a five-month low.   In addition, The index fell for … Continue reading →

Posted in Economics, Euro | Tagged | Leave a comment

Euro Trashed

Posted on April 23, 2012 by macromon

As we posted last week,  Enter French Politics (and Dutch). (click here if video is not observable)

Posted in Black Swan Watch, Euro, Global Stock Performance, Global Trend Indicators | Tagged , , , , | Leave a comment

HSBC Flash China PMI Still Contracting

Posted on April 22, 2012 by macromon

Markit reports, Commenting on the Flash China Manufacturing PMI survey, Hongbin Qu, Chief Economist, China & Co-Head of Asian Economic Research at HSBC said: “As April flash PMI ticked higher, this suggests that the earlier easing measures have started to … Continue reading →

Posted in China, Manufacturing | Tagged , , , | Leave a comment

Week in Review

Posted on April 22, 2012 by macromon

(click here if charts are not observable)

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

Global Trend Indicators

Posted on April 22, 2012 by macromon

(click here if tables are not observable)

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

Weekly Eurozone Watch: France Wider Ahead of Election

Posted on April 20, 2012 by macromon

(click here if charts are not observable)

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

Euro Crisis: Lorenzo Bini Smaghi

Posted on April 19, 2012 by macromon

Lorenzo Bini Smagi,  former Member of the Executive Board of the European Central Bank, nails it, You call it austerity, i would call it putting your house in order. You can’t grow especially if you have a deficit which is … Continue reading →

Posted in Black Swan Watch, Budget Deficit, Eurozone Sovereign Spreads, Fiscal Policy, PIIGS, Sovereign Debt | Tagged , , , , , | 2 Comments

Government Gross Financing Needs

Posted on April 19, 2012 by macromon

The latest data from the IMF’s Fiscal Monitor.  Read it and gulp!  Then fire up the printing presses. Click on the tables to enlarge and for better resolution. (click here if tables are not observable)

Posted in Black Swan Watch, BRICs, Budget Deficit, Fiscal Policy, Sovereign Debt, Sovereign Risk | Tagged , , , | 1 Comment