Category Archives: Economics

Global PMI At Three-Year Low

Posted on July 2, 2012 by macromon

Markit reported the JP Morgan Global Manufacturing PMI fell to 48.9, the fasted rate of contraction since May 2009.  Led by weak growth in the U.S. rates of decline accelerated in China, Brazil, and Vietnam.  Japan, Taiwan, and South Korea … Continue reading →

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“Next Year We’ll Be Watching America” – Jim Rogers

Posted on June 29, 2012 by macromon

(click here if video is not observable)

Posted in Black Swan Watch, Economics, Policy, Politics, Sovereign Debt, Sovereign Risk, Uncategorized | Tagged , | Leave a comment

Failed State Index – Foreign Policy

Posted on June 27, 2012 by macromon

Foreign Policy magazine is out with their annual Failed State Index.  No surprise Somalia, Congo, Sudan, Chad, and Zimbabwe top the list.   Click here for interactive map and data. (click here if chart is not observable)

Posted in Demographics, Economics, Politics | Tagged , , , , | 1 Comment

RT CrossTalk: Euro-Lehmans

Posted on June 22, 2012 by macromon

19 emergency meetings since the beginning of the crisis… What’s next for the eurozone? Will there be enough money to bail out Italy and Spain? How will the recent Greek elections echo in Brussels? CrossTalking with Augusto Lopez-Claros, Tom Conroy … Continue reading →

Posted in Black Swan Watch, Economics, Euro, Germany, PIIGS, Politics, Video | Tagged , , , | Leave a comment

German Flash PMI At Three-Year Low

Posted on June 21, 2012 by macromon

Markit reports on another of the hammers that hit the markets today, Commenting on the Markit Flash Germany PMI® survey data, Tim Moore, Senior Economist at Markit said: “Germany’s private sector economy slipped deeper into contraction territory at the midway … Continue reading →

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HSBC Flash China PMI At 7-Month Low

Posted on June 21, 2012 by macromon

Here’s the first piece of today’s data dump from Markit that hammered the markets and Mr. Risk. Commenting on the Flash China Manufacturing PMI survey, Hongbin Qu, Chief Economist, China & Co-Head of Asian Economic Research at HSBC said: “China’s … Continue reading →

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U.S. Economic Releases – June 19

Posted on June 19, 2012 by macromon

Econoday reports, Housing on “slow mend” despite -4.8% headline number No one number explains the housing starts report today. The headline was down but there were upward revisions and permits were up in May. And starts weakness was in the … Continue reading →

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Where The Inflating Things Are

Posted on June 18, 2012 by macromon

On the eve of the Fed’s FOMC two-day meeting we thought this chart illustrating what is inflating in the U.S. consumer basket very relevant.   Don’t see much deflation x/ energy and the core CPI (x/ food and energy) remains stuck … Continue reading →

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Statfor: George Friedman on Europe’s New Reality

Posted on June 16, 2012 by macromon

We are realizing the interests of Greece, the interest of Spain, the interest of Germany are not quite aligned… Can Europe escape its own history? (click here if video is not observable)

Posted in Black Swan Watch, Economics, Euro, PIIGS | Tagged , | 3 Comments

U.S. Economic Data Releases – June 14

Posted on June 14, 2012 by macromon

Econoday reports, CPI –  Down 0.3% on Energy,  Core Remains Elevated CPI inflation in May turned negative on continued significantly lower energy costs. Meanwhile, the core rate held steady and moderately warm. The consumer price index fell 0.3 percent in … Continue reading →

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