Category Archives: Policy

60 Minutes: Congressional Insider Trader

Posted on November 14, 2011 by macromon

In case you missed it last night here is one that is sure to get your feathers up.  It’s about time they Occupy Congress. Steve Kroft reports, members of Congress and their aides have regular access to powerful political intelligence, … Continue reading →

Posted in General Interest, Policy, Politics | Tagged , , | 1 Comment

Nonlinear Thinking: Robot Run Warehouses

Posted on November 10, 2011 by macromon

Here’s an interesting video clip that reinforces our view that almost all new innovation and technology is labor saving/destroying and that U.S. unemployment is much more structural than most perceive (click here to view video).   Even the military, with the … Continue reading →

Posted in Employment, Equities, Nonlinear Thinking, Policy, Politics | Tagged , , , , , | 1 Comment

Stiglitz: Lessons from Iceland’s Economic Crisis

Posted on November 3, 2011 by macromon

Interesting take from Nobel prize economist, Joe Stiglitz, on Iceland’s response to its debt crisis, which is becoming a model for some in European periphery.    Austerity is so passé! (click here if video is not observable)

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

BNP Paribas Increases Reserves on Greece Exposure to 60%

Posted on November 2, 2011 by macromon

BNP Pariabas,  Europe’s largest bank in terms of total assets,  took a €2.1 billion hit to earnings after increasing reserves on its Greece exposure to 60 percent,  up from 21 percent last quarter.  The European banks are finally getting serious, … Continue reading →

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

Fareed: Niall Ferguson and Jeff Sachs Square Off on OWS

Posted on November 1, 2011 by macromon

Nice rumble between Sachs and Ferguson.  Well worth your time. (click here if video is not observable)

Posted in Black Swan Watch, Economics, Employment, Geopolitical, Policy, Politics, Video, Whales | Tagged , , , | 2 Comments

Occupy Wall Street: End the Fed?

Posted on October 11, 2011 by macromon

Wow!  Take a listen to this.  President Kennedy had trouble understanding monetary policy and most economists are in the same boat.  We wonder how many in the OWS crowd can.   Long moats in Greenwich.   (click here if video … Continue reading →

Posted in Black Swan Watch, Demographics, General Interest, Geopolitical, Policy, Politics | Tagged , | Leave a comment

The 18-year Round-trip Journey of Greek Bond Yields

Posted on October 9, 2011 by macromon

(click here if chart is not observable)

Posted in Black Swan Watch, PIIGS, Policy, Sovereign Risk | Tagged , | 1 Comment

Angry Greeks

Posted on October 6, 2011 by macromon

(click here if video is not observable)

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

Brazil’s Roussef warns Europe on austerity

Posted on October 4, 2011 by macromon

(click here if video is not observable)

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

Spiegel: Obama “like a doctor caught prescribing performance-enhancing drugs”

Posted on October 3, 2011 by macromon

Go no further than the Der Spiegel piece, Why Europe Is Right and Obama Is Wrong, to understand the fundamental differences between American and German thinking on fiscal and monetary stimulus. Michael Sauga, the author, writes, American economists, central bankers and fiscal … Continue reading →

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