Category Archives: Politics

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

Papandreou punt turns drama into crisis

Posted on November 2, 2011 by macromon

(click here if video is not observable)

Posted in Black Swan Watch, Euro, PIIGS, 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

Charile Rose: The Economist on EU Debt Deal

Posted on October 31, 2011 by macromon

Excellent Charlie Rose roundtable on the global economy with Zanny Minton Beddoes, Editor, The Economist, Greg Ip US Economics Editor The Economist and John Micklethwait Editor-in-Chief The Economist.  This is a must see for any interested in the recent EU … Continue reading →

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

Ray Dalio’s Must Read FT Opinion Piece

Posted on October 24, 2011 by macromon

After last week’s  excellent interview with Charlie Rose,  Ray Dalio of Bridgewater,  the world’s largest hedge fund, follows up with a great piece in today’s Financial Times, “Risk on the rise as political leaders give in to mob rule.” He … Continue reading →

Posted in Black Swan Watch, Economics, Politics, Whales | Tagged , , | 1 Comment

Don’t Cry for Argentina’s Crisitina

Posted on October 23, 2011 by macromon

Listen to the report carefully.  Did they say President Cristina Fernandez is benefiting from the world’s fastest growing economy?  They almost nail it.  Argentina is expected to grow around 8 percent in 2011 according to the IMF after last year’s … Continue reading →

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Occupy Harvard, Columbia, & Berkeley

Posted on October 19, 2011 by macromon

Here’s a piece we posted last November which has relevance to those who are camped out in lower Manhattan and their Occupy Wall Street offshoots around the country and world.  We’ve changed the source of the video as the old … Continue reading →

Posted in Black Swan Watch, Geopolitical, Housing, Politics | Tagged , , , | Leave a comment

World’s Highest Paid Political Leaders

Posted on October 19, 2011 by macromon

Here’s some interesting data coming to us from Investopedia.com.  Now you can understand the frustration of Frau Merkel as she bails out countries’ with leaders making a higher salary than hers! Top 10 Political Leader’s Salary by Country (2010): 1. … Continue reading →

Posted in Economics, General Interest, Politics | Tagged , , , | Leave a comment

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

Picture of the Day: Wall Street & Bull Under Assault

Posted on October 1, 2011 by macromon

This picture really captures the current market and social mood.  Three of New York’s finest having to guard Arturo Di Modica’s bronze sculpture of the Wall Street Bull  from protestors in Bowling Green Park near Wall Street in Manhattan. The … Continue reading →

Posted in Black Swan Watch, Economics, Employment, Politics | Tagged , , | Leave a comment