Monthly Archives: July 2012

No end in sight to Spain’s financial troubles

Posted on July 30, 2012 by macromon

Hurry up, Mario! (click here if video is not observable)

Posted in Black Swan Watch, Euro, PIIGS, Spain | Tagged , , , | Leave a comment

Occupations with the highest job gains and losses

Posted on July 30, 2012 by macromon

Interesting piece from the BLS on trends in the U.S. labor market.  Note how employment has been “nursed” back to health.  Pun intended. Most of the occupations with the highest job gains between May 2007 and May 2011 were related … Continue reading →

Posted in Employment | Leave a comment

Week in Review: Power of the (Printing) Press

Posted on July 29, 2012 by macromon

Stunning to think the Fed is widely expected to engage in another round of quantitative easing, i.e, print money, with the S&P500 up over 10 percent and NASDAQ almost 14 percent in the first seven months of the year.   At … Continue reading →

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

Fareed Zakaria GPS : Krugman and Rogoff

Posted on July 29, 2012 by macromon

Here’s today’s excerpt from Fareed Zakaria’s GPS. Krugman and Rogoff square off on debt and Europe, but seem to agree here on the Fed’s attempt at creating inflation. Click here for the GPS website. (click here if video is not … Continue reading →

Posted in Economics, Video | Tagged , , | Leave a comment

Global Trend Indicators

Posted on July 29, 2012 by macromon

(click here if tables are not observable)

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

The Market With A Draghi Tattoo

Posted on July 27, 2012 by macromon

Wow! Stunning 4 percent plus move in the S&P5oo on the back of Mario Draghi’s comments he will do “whatever it takes” to save the Euro.  It got another kick today when Draghi wasn’t refuted by the Angela Merkel and … Continue reading →

Posted in ECB, Equities, Monetary Policy | Tagged , , , | 4 Comments

Weekly Eurozone Watch – Puff the Magic Draghi

Posted on July 27, 2012 by macromon

Key Data Points German 10-year bund 23 bps higher; Italy 80 bps tighter; Spain 75 bps tighter; Portugal 54 tighter wider; Ireland 24 bps tighter; Greece 91 bps wider; French, Italian, Spanish banks up 5-15 percent. Comments Within our mandate, … Continue reading →

Posted in Weekly Eurozone Watch | Tagged , , , , , , , | 1 Comment

Debt-stricken Catalonia eyes Spanish bailout aid

Posted on July 26, 2012 by macromon

Sound familiar? (click here if video is not observable)

Posted in Euro, Eurozone Sovereign Spreads, PIIGS, Sovereign Debt, Sovereign Risk | Tagged , | Leave a comment

Super Mario to the Rescue

Posted on July 26, 2012 by macromon

Sure smells like a coordinated move by the big central banks is in the works.   Gold starting to sniff out the potential that a monetary blast may be in the works.  “Whatever it takes.” (click here if video and chart … Continue reading →

Posted in ECB, Euro | Tagged , , | Leave a comment

Spain Lobbying For Bond Purchases

Posted on July 25, 2012 by macromon

(click here if video is not observable)

Posted in Euro, PIIGS, Sovereign Debt, Sovereign Risk, Spain | Tagged , , | 1 Comment