Category Archives: PIIGS

Euro Fracture: Reform Fatigue Increasing

Posted on February 19, 2012 by macromon

Political backlash and reform fatigue are Europe’s biggest risk over the medium-term, in our opinion,  and need to be monitored closely.  Politicians have yet to convince many of their constituents of TINA – There Is No Alternative. (click here if … Continue reading →

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Monti taps the Church

Posted on February 17, 2012 by macromon

If the Monti is successful in reforming Italy, maybe he will be made Pope! (click here if video is not observable)

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The Greek Tragedy

Posted on February 15, 2012 by macromon

(click here if video is not observable)

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Spain facing fine over manipulating deficit data

Posted on February 14, 2012 by macromon

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

Athens traders count the cost of anti-austerity riots

Posted on February 13, 2012 by macromon

(click here if video is not observable)

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Greece ruling coalition members quit over austerity plan

Posted on February 10, 2012 by macromon

(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

Posted on February 9, 2012 by macromon

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

Posted on February 8, 2012 by macromon

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

Greek Debt

Posted on February 8, 2012 by macromon

(click here if debt is not observable)

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Gold Rebounds as Bernanke Confirms Easy Money

Posted on February 7, 2012 by macromon

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