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Recent Posts
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Monthly Archives: June 2012
Samaras Wins Greek Election
As we expected the Greeks rejected the Armageddon they so feared. Now for the hard part. Structural problems remain. Markets like it and many caught offside. Is that a inverted head and shoulder pattern in the S&P500? (click here if … Continue reading
Week in Review
(click here if charts ate not observable)
Posted in Week in Review
Tagged bonds, CAC, Commodities, DAX, Gold, Oil, S&P500, Stocks
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Statfor: George Friedman on Europe’s New Reality
We are realizing the interests of Greece, the interest of Spain, the interest of Germany are not quite aligned… Can Europe escape its own history? (click here if video is not observable)
Posted in Black Swan Watch, Economics, Euro, PIIGS
Tagged Europe's New Reality, Statfpr. George Friedman
3 Comments
Global Trend Indicators
(click here if tables are not observable)
Posted in Global Trend Indicators
Tagged bonds, CAC, Commodities, Copper, Corn, DAX, Gold, Natural Gas, Oil, Stocks, Wheat
1 Comment
Central banks brace for stormy weekend
(click here if video is not observable)
Posted in Black Swan Watch, Euro, PIIGS
Tagged Central Banks, ECB, Fed, Greek elections, Greek exit
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Weekly Eurozone Watch
Key Data Points German 10-year Bund yield 11 bps higher; Spain 55 wider; Portugal 65 bps tighter; Greece 191 bps; Italian banks down 3-5 percent; Other Eurozone large banks flat to up 3 percent; Euro FX up 1.10 percent; Comment … Continue reading
Posted in Weekly Eurozone Watch
Tagged Euro FX, European Sovereign Spreads, European Sovereign Yields, German Yields, Greece, Italy, Spain
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Greek Logic
Here’s a political and economic paradox.: If the Greeks are pulling their money out of banks en masse, buying durables, and hording food to prepare for Armageddon, will they actually vote for the Armageddon they are so panicked about? We … Continue reading
Posted in Black Swan Watch, Euro, PIIGS, Sovereign Debt, Sovereign Risk
Tagged Greek elections
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U.S. Economic Data Releases – June 14
Econoday reports, CPI – Down 0.3% on Energy, Core Remains Elevated CPI inflation in May turned negative on continued significantly lower energy costs. Meanwhile, the core rate held steady and moderately warm. The consumer price index fell 0.3 percent in … Continue reading
S&P500/VIX Divergence
Interesting pattern has developed over the past few days. The S&P500 spikes higher and yet the VIX remains elevated. The S&P then rolls over later in the day. Could be the triple witch, but we’ll play it as non-confirmation … Continue reading
Greek Withdrawl – 800 M euros per day
(click here if video is not observable)
