Category Archives: Germany

Merkel’s Bavarian boost ahead of German election

Posted on September 16, 2013 by macromon

(click here if video is not observable)

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Angela Merkel: The mother and the monster – Economist

Posted on September 13, 2013 by macromon

Demonised across Europe for her determined enforcement of austerity, Germany’s chancellor remains overwhelmingly popular at home and looks likely to win the upcoming election. – Economist (click here if video is not observable)

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Eurozone’s No Jobs, No Growth Economy

Posted on April 2, 2013 by macromon

Do you sense a policy change?   After the dismal data dump today the Euro markets seem to believe they do. (click here if charts and video are not observable)

Posted in Euro, Germany | Tagged , , , , | 1 Comment

WTF Were They Thinking?

Posted on March 18, 2013 by macromon

That’s our System 1 (fast) thinking  kicking in after hearing the news of the Cyprus bail-in of depositors.  Our fast thinking really fears contagion and makes us want to vendere la casa!   We often get into trouble trading with … Continue reading →

Posted in ECB, Equities, Euro, Germany, Sovereign Debt, Sovereign Risk | Tagged , , | 7 Comments

France urges softer approach to austerity

Posted on March 14, 2013 by macromon

Germany is facing stiff resistance from France to ease back on austerity as Europe’s leaders gather in Brussels for another EU summit. French President François Hollande has called for the emphasis to shift to boosting growth in indebted eurozone economies. … Continue reading →

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Bundesbank’s frosty outlook

Posted on March 12, 2013 by macromon

The head of Germany’s central bank is warning the eurozone crisis is not over and governments must tackle the roots of their troubles with reforms – pointing the finger particularly at Italy, Cyprus and France. http://www.euronews.com/ (click here if video … Continue reading →

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Eurozone Sovereign Spreads Since Italy’s Election

Posted on March 7, 2013 by macromon

ECB president, Mario Draghi, spoke in this morning’s press conference about how contagion has been contained in the eurozone bond markets since the Italian elections.   The data are in and he is right. The markets had closed before the election … Continue reading →

Posted in German Bund, Germany, Italian Yields, Italy, Sovereign Debt, Sovereign Risk | Tagged , , , | 1 Comment

DAX and CAC Break Out

Posted on December 6, 2012 by macromon

The girls with the Draghi Tattoo are breaking out. That is,  the German DAX and French CAC stock indexes are making  new highs.   Ever since the ECB’s Mario Draghi  “whatever it takes to preserve the euro” speech,  these markets have performing … Continue reading →

Posted in France, Germany, Global Stock Performance | Tagged , , , , , | 2 Comments

Euros Still Debating Technicalities of Greek Debt Relief

Posted on November 20, 2012 by macromon

Amazing how the e-mini S&Ps can trade down over 10 points on a technical delay in the Greek debt deal.  Anybody who has worked on restructurings know these are very difficult issues to hammer out, especially with so many parties … Continue reading →

Posted in Euro, Germany, PIIGS | Tagged , , | 2 Comments

“US Set to Restage Greek Tragedy” – Der Spiegel

Posted on November 8, 2012 by macromon

How is the rest of the world (ROW) viewing America’s fiscal problems? Here is Germany’s Der Speigel, The US has more in common with heavily indebted southern European countries than it might like to admit. And if the country doesn’t … Continue reading →

Posted in Black Swan Watch, Dollar, Fiscal Policy, Germany | Tagged , , , | 15 Comments