Monthly Archives: May 2018

New Italian government readies for power

Posted on May 31, 2018 by macromon

Italy’s new government is set to be sworn in on Friday (June 1). Alongside Prime Minister Giuseppe Conte, Matteo Salvini, leader of The League, will serve as Interior Minister; Luigi Di Maio, leader of Five-Star, will be MInister of Industry … Continue reading →

Posted in Italy, Politics, Uncategorized | Tagged , | 1 Comment

Swan Lake – May 31

Posted on May 31, 2018 by macromon

Italy calmer as market turns it focus on trade wars. Deutsche Bank making all-time lows as it was hammered again due to its U.S. business put on problem bank list.   DB is now getting the market’s attention but still doesn’t … Continue reading →

Posted in Black Swan Watch, Bonds, Euro, Eurozone Sovereign Spreads, Uncategorized | Tagged , , , | 2 Comments

Nonlinear Thinking: 3D Printed Human Corneas

Posted on May 30, 2018 by macromon

Stunning!  Even God has to worry about being displaced by technology. Just kidding.  Please,  no Tower of Babel hate mail from the faithful. Scientists at Newcastle University have 3D printed the world’s first human corneas. By creating a special bio-ink … Continue reading →

Posted in 3D Printing, Nonlinear Thinking, Uncategorized | Tagged , , | Leave a comment

Swan Lake – May 30

Posted on May 30, 2018 by macromon

Italy’s president has attempted to broker an eleventh-hour deal between the country’s two largest populist parties to avoid another destabilising national election, helping Italian assets recover from a sell-off that rattled investors worldwide. Sergio Mattarella, who triggered this week’s crisis … Continue reading →

Posted in Black Swan Watch, ECB, Euro, Eurozone Sovereign Spreads, Italian Yields, Italy, Uncategorized | Tagged | Leave a comment

EM – The Indicator Species Of Tighter Global Money?

Posted on May 30, 2018 by macromon

Interesting discussion on EM last week on Bloomberg TV. See our comment yesterday on EM as one of the indicators species of tight global monetary policy.

Posted in Economics, Monetary Policy, Uncategorized | Tagged , , | Leave a comment

Swan Lake – May 29

Posted on May 29, 2018 by macromon

We have been warning over the past few weeks that the macro swans have been gathering.  See here, here, and here. Swan Watch The Global Macro Monitor defines “macro swan” as any global macroeconomic or financial event with the capacity … Continue reading →

Posted in Black Swan Watch, Bonds, Eurozone Sovereign Spreads, Uncategorized | Tagged , | 7 Comments

QOTD: Napoleon

Posted on May 28, 2018 by macromon

(QOTD = Quote of the Day)

Posted in Quote of the Day, Uncategorized | Tagged , | Leave a comment

Europe Has A Big Problem

Posted on May 28, 2018 by macromon

Italy’s president, Sergio Mattarella,  named Carlo Cottarelli, prime minister as the attempt to form a left-right populist coalition government fell apart after Mattarella’s veto of Eurosceptic economist, Paolo Savona as finance minister.    An extraordinary development almost tantamount to the Queen … Continue reading →

Posted in Bonds, Euro, Eurozone Sovereign Spreads, Italian Yields, Uncategorized | Tagged , , , , | 32 Comments

A World Awash In Sovereign Debt

Posted on May 28, 2018 by macromon

    Source:  World Economic Forum (WEF) If you add up all the money that national governments have borrowed, it tallies to a hefty $63 trillion.  – WEF  

Posted in Debt, Uncategorized | Tagged , | Leave a comment

Never Forget & Stop Thanking Them…

Posted on May 27, 2018 by macromon

  Hat Tip: John P. Erwin  

Posted in Picture of the Day, Uncategorized | Tagged | Leave a comment