Category Archives: Euro

It’s Beginning to Look A Lot Like…1971

Posted on November 30, 2011 by macromon

The Global Macro Monitor posted several pieces earlier in the year about the Presidential Stock Cycle. See here, here, and here. The third year of a first term President is the strongest year in the cycle. The table illustrates … Continue reading →

Posted in Equities, Euro | Tagged Nixon, Obama, Presidential Stock Cycle, S&P500, Volker | 3 Comments

Oats-Bunds Tighter

Posted on November 30, 2011 by macromon

In case you haven’t noticed the France 10-year bond spread over German 10-years has come in big over the past few weeks. Granted some of it is attributed to the rise in German bond yields, but tighter, nonetheless. (click here … Continue reading →

Posted in Black Swan Watch, Dollar, Euro, Sovereign Debt, Sovereign Risk | Tagged European Debt Crisis, France-German bond spread, German bond yields | Leave a comment

Patriotic Italians urged to buy bonds

Posted on November 28, 2011 by macromon

(click here if video is not observable)

Posted in Black Swan Watch, Currency, Euro, PIIGS, Sovereign Debt, Sovereign Risk | Tagged Euro, European Sovereign Debt Crisis, Italy | Leave a comment

Euro Fracture: It’s the Politics, Stupid!

Posted on November 27, 2011 by macromon

Politics has been and will be the constraint on the latest iteration of Bailout Europe 4.0. We at the Global Macro Monitor really want to see Europe make it, for markets to rally, and for all to make money. But … Continue reading →

Posted in Black Swan Watch, Euro, PIIGS, Sovereign Debt, Sovereign Risk | Tagged European Sovereign Debt Crisis, IMF, Italy | 3 Comments

The Future of the Euro

Posted on November 27, 2011 by macromon

(click here if chart is not observable) Source: Gavyn Davies, FT

Posted in Black Swan Watch, Euro, PIIGS, Sovereign Debt, Sovereign Risk | Tagged Euro, European Sovereign Debt Crisis, France, Germany, Italy | 1 Comment

‘Germans fed up with Eurobondage’

Posted on November 25, 2011 by macromon

(copy if video is not observable)

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

Economist: Is this really the end?

Posted on November 25, 2011 by macromon

The Economist warns in their latest cover piece “Unless German and the ECB move quickly, the single currency’s collapse is looming.” We are beginning to think, based on last week’s failed German bond auction, that if “Germany and ECB moves … Continue reading →