Category Archives: Black Swan Watch

Iceland’s ex PM: ‘We didn’t know the banks were fishy’

Posted on March 6, 2012 by macromon

The balance sheets of Iceland’s banks were 9x the country’s GDP before the crash.  Stunning! (click here if video is not observable)

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

Why the Yen is swan diving

Posted on March 5, 2012 by macromon

The WSJ does a good explaining what is driving the Yen and seems to agree with us that there is a huge difference between quantitative easing to stimulate the economy versus monetizing bad government debt for which there is no … Continue reading →

Posted in Black Swan Watch, Japan, Monetary Policy, Sovereign Debt | Tagged , , , | 3 Comments

Greek debt swap deadline looms

Posted on March 5, 2012 by macromon

This is one of the biggest risks to the markets. Things could get ugly and if it falls apart due to an abundance of free riders and/or too many vultures holding out for full payment,  head for the bunker.   Stay … Continue reading →

Posted in Black Swan Watch, Hedge Funds, PIIGS, Sovereign Debt, Video | Tagged , , | Leave a comment

EU leaders seek austerity growth balance

Posted on March 1, 2012 by macromon

(click here if video is not observable)

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Fed’s “Rent Control” Policies Starting to Distort

Posted on March 1, 2012 by macromon

We’ve posted many pieces (see here,  here and here) on how the Fed’s manipulation of the yield curve through QE and Operation Twist is distorting long-term interest rates — the most important price in the world, in our opinion — … Continue reading →

Posted in Black Swan Watch, Bonds, Sovereign Debt, Sovereign Risk | 14 Comments

Euro banks tap LTRO2

Posted on February 29, 2012 by macromon

(click here if video is not observable)

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Quote of the Day: The New Americans of Europe

Posted on February 27, 2012 by macromon

Here’s the pretext for our QOTD, The German parliament is set to approve a new multibillion euro bailout package for Greece on Monday, but instead of thanks, southern Europeans are expressing their dislike of us. Germans will have to get … Continue reading →

Posted in Black Swan Watch, Euro, PIIGS, Quotes, Sovereign Debt, Sovereign Risk | Tagged , , | Leave a comment

G20: Jerry Maguire, The Sequel

Posted on February 26, 2012 by macromon

Wow!   We didn’t realize Tim Geithner and the G20 could move like that.  If you look hard and long enough,  Tom Cruise does kind of resemble Angela Merkel, no? (click here if video is not observable)

Posted in Black Swan Watch, Euro, Sovereign Debt, Sovereign Risk | Tagged , , , | 1 Comment

Fareed Zakaria: Interview with George Soros

Posted on February 26, 2012 by macromon

Here is Fareed’s interview with George Soros from a couple weeks ago that we’ve been meaning to post and thought you’d find interesting.   We suspect the 15 minutes you spend watching it will return a nice dividend.   Enjoy. (click here … Continue reading →

Posted in Black Swan Watch, Economics, Hedge Funds, Whales | Tagged , , | 3 Comments

G20 moves closer to bigger eurozone bailout fund

Posted on February 26, 2012 by macromon

(click here if video is not observable)

Posted in Black Swan Watch, Euro, Fiscal Policy, Sovereign Debt, Sovereign Risk | Tagged , , , | Leave a comment