Category Archives: Black Swan Watch

The Greek Tragedy

(click here if video is not observable)

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Spain facing fine over manipulating deficit data

We’re shocked, shocked to find out that governments manipulate their economic data.   Not! (click here if video is not observable)

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

Worldwide Debt

Shocking chart from Jeffery Gundlach’s  “Fall of the Roman Empire” presentation. Looks like the global central banks’ balance sheet expansion is only in the first inning.   Not by choice but by necessity. Freakin’ stunning! Click on chart to enlarge … Continue reading

Posted in Black Swan Watch, Bonds, Budget Deficit, Sovereign Debt, Sovereign Risk | Tagged , , | 1 Comment

Greece ruling coalition members quit over austerity plan

(click here if video is not observable)

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

Euro Fracture: “Mutual Resentment” Increasing

Italy’s Prime Minister Mario Monti says the eurozone crisis has revived “old phantoms about prejudices” in North and South Europe.   – PBS Newshour (click here if video is not observable)

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Euro Fracture: Greeks Burn German Flag

This political risk isn’t going away and poses the biggest risk to Europe, in our opinion.   Reform fatigue in the the south and bailout fatigue in the north will only grow and can and will not be pacified with ECB … Continue reading

Posted in Black Swan Watch, Euro, Eurozone Sovereign Spreads, PIIGS | Tagged , | 1 Comment

Gold Rebounds as Bernanke Confirms Easy Money

In his testimony at the Senate Budget committee this morning,   Fed Chairman Ben Bernanke,  resisted the temptation to day trade monetary policy on the back of Friday’s good employment data.   Our sense is the global printing press’ and zero interest … Continue reading

Posted in Black Swan Watch, Gold, Monetary Policy, PIIGS, Sovereign Debt, Sovereign Risk | Tagged , , , | Leave a comment

China to Europe’s Rescue?

(click here if video is not observable)

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

Asian economies hit by troubled Europe

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Posted in Black Swan Watch, Economics | Tagged , | Leave a comment

Capitano Crunch: Europe’s Collapsing Monetary Aggregates

Here are some great pictures from Credit Suisse illustrating what’s happening in the European monetary sector.  The monetary aggregates have been collapsing at a greater pace than 2008/09  as banks have been cutting credit and shrinking their balance sheets to … Continue reading

Posted in Black Swan Watch, Credit, Euro, Monetary Policy, Policy, Sovereign Risk, State and Local Government | Tagged , , , | 4 Comments