Category Archives: Euro

France Approves Greece Bailout

Posted on September 7, 2011 by macromon

(click here if video is not available)

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

The Euro Trashing of the S&P500

Posted on September 6, 2011 by macromon

Great chart posted by Zero Hedge citing John Lohman, also a friend of this blog,  showing how the S&P500 would be almost 10 percent higher if it only traded during hours when Europe was closed.   No doubt the robo traders … Continue reading →

Posted in Charts, Equities, Euro | Tagged , | 2 Comments

Time for the IMF and G20 to save Europe?

Posted on September 5, 2011 by macromon

Provocative FT piece by Barry Eichengreen & Co.  on why the IMF and G20 need to step up and help Europe save the Euro.    The article notes Europe is in a destabilizing feedback loop, The eurozone is caught in a … Continue reading →

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

Just Another Panic Monday in Euroland

Posted on September 5, 2011 by macromon

Buckle up. (click here if charts is not observable)

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

Spiegel Unloads on Hedge Funds and the Markets

Posted on August 23, 2011 by macromon

Nasty article in Der Spiegel, Out of Control: The Destructive Power of the Financial Markets, which helps explain what’s behind the financial transactions tax that was recently introduced by Angela Merkel  and Nicolas Sarkozy.  The article opens, The enemy looks … Continue reading →

Posted in Black Swan Watch, Economics, Euro, Fiscal Policy, General Interest, PIIGS, Policy, Sovereign Debt, Sovereign Risk | Tagged , , , | 1 Comment

Is It Déjà Vu All Over Again?

Posted on August 15, 2011 by macromon

Great ‘toon on the 1932 banking crisis, dated May 24, 1932,  posted over at the Worthwhile Canadian Initiative blog.  See our post, Credit-Anstalt 2.0?. The caption reads: “Phew! That’s A Nasty Leak.  Thank Goodness It’s Not At Our End of the Boat.”  … Continue reading →

Posted in Black Swan Watch, Cartoon of the Day, Euro, Sovereign Debt, Sovereign Risk | Tagged , | Leave a comment

Credit-Anstalt 2.0?

Posted on August 12, 2011 by macromon

If there is any doubt what is spooking the global markets look to the IFR piece, Credit taps run dry for European lenders, setting scene for liquidity crisis.   This is a must read over the weekend. Remember,  Chairman Bernanke, … Continue reading →

Posted in Black Swan Watch, Currency, Euro, PIIGS, Policy, Sovereign Debt | Tagged , , , , , | 2 Comments

Time’s Cover: The End of Europe

Posted on August 11, 2011 by macromon

This makes you wanna buy.  Naw…. not until a resolution is in sight.   Hat tip to King David! (click here if chart is not observable)

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

Gold is the New Deutsche Mark

Posted on August 8, 2011 by macromon

We point you to our piece posted last month here at the Global Macro Monitor, Gold’s Perfect Storm? Nears All-time Closing High Posted on July 12, 2011 by macromon Gold is creeping higher as many believe it is the only place … Continue reading →

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

Analysis of Greece’s “Trichet Plan” Restructuring

Posted on July 22, 2011 by macromon

We’ve done some quick analysis of Greece’s commercial bank “Trichet Plan” restructuring announced late last night (click here for term sheet) by the Institute of International Finance (IIF).   The IIF is a consortium of the world’s largest banks. Interestingly, the … Continue reading →

Posted in Black Swan Watch, Euro, PIIGS, Sovereign Debt, Sovereign Risk | Tagged , , , | 5 Comments