Author Archives: macromon

Europe Has A Big Problem

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

    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…

  Hat Tip: John P. Erwin  

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

Going Back To Houston!

and here’s why: As the late, great Champ said never bet against Klay! Never put your money against Cassius Clay, for you will never have a lucky day.  – Muhammad Ali   P.S…  For all the x/ baby boomers, that … Continue reading

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

Tweet of the Day: Prophecy In The Comic Strips

Amazing… A comic from the 50s 😀 pic.twitter.com/X3nP8rbROB — Daniel Lacalle (@dlacalle_IA) May 26, 2018

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

Week In Review – May 25

Summary The S&P500 is trapped in a 2-week trading range between 2707 to 2742. Of note, 2742.92 is the 61.8 Fibo in the correction, 2702.78 the 50 percent level Fibo.  The 100-day moving average is also support at 2710.86.  Watch … Continue reading

Posted in Bonds, Uncategorized, Week in Review | Tagged , , , , , | Leave a comment

Sector ETF Performance – May 25

 

Posted in Sector ETF Peformance, Uncategorized | Tagged , | Leave a comment

Global Risk Monitor – May 25

Posted in Daily Risk Monitor, Uncategorized | Tagged , , , , , , | 3 Comments

Get up and fight, sucker!

53 years ago today, one of the most iconic photos in sport: Ali vs Liston II, captured by the brilliant Neil Leifer – @MeredithFrost   The ending of the second Ali-Liston fight remains one of the most controversial in boxing history. … Continue reading

Posted in Sports, Uncategorized | Tagged , , , | 1 Comment

When The U.S. Government Defaulted

One of the most pervasive myths about the United States is that the federal government has never defaulted on its debts. There’s just one problem: it’s not true, and while few people remember the “gold clause cases” of the 1930s, … Continue reading

Posted in Bonds, Budget Deficit, Sovereign Debt, Sovereign Risk, Uncategorized | Tagged , , , , , , | 43 Comments