Category Archives: Sovereign Risk

Germany’s fiscal solidarity plan for EU approved

Posted on January 30, 2012 by macromon

Domestic political blowback to follow.  Stay tuned. (click here if video is not observable)

Posted in Black Swan Watch, Euro, Eurozone Sovereign Spreads, PIIGS, Sovereign Debt, Sovereign Risk | Tagged , | 2 Comments

Sovereign Debt Hygienics

Posted on January 29, 2012 by macromon

Interesting calculations posted by Spiegel from the Kiel Institute on the sovereign haircuts which would make the debt of the listed countries sustainable.   We would love to see the calculations for the U.S., U.K., and Japan. (click here if charts … Continue reading →

Posted in Black Swan Watch, Euro, Italian Yields, PIIGS, Sovereign Risk | Tagged , , , , , | 3 Comments

Euro Fracture: Europe’s Biggest Risk…

Posted on January 29, 2012 by macromon

Now that a financial systemic collapse has been taken off the table with LTRO, it’s reform backlash/fatigue and political risk.   The AP writes this morning, Instead of a beacon for a better future, many Europeans are starting to see the … Continue reading →

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

Stratfor: Eurozone Prepares to Eject Greece

Posted on January 27, 2012 by macromon

(click here if video is not observable)

Posted in Black Swan Watch, Euro, PIIGS, Sovereign Debt, Sovereign Risk | Tagged , , , | 3 Comments

Lagarde: The Trillion Dollar Woman and Best IMF Chief Ever?

Posted on January 26, 2012 by macromon

We like this woman  We think she could be the best IMF Chief ever.    Stay tuned. Newsweek: In a dramatic speech in Berlin this week, the IMF chief warned that the world could soon face another Great Depression, calling for … Continue reading →

Posted in Black Swan Watch, Economics, Sovereign Debt, Sovereign Risk | Tagged , , , | 4 Comments

Greece debt talks come down to the wire

Posted on January 26, 2012 by macromon

It’s a done deal.  Everything else is noise.  Seriously, do you think the deal will tank over a couple of basis points? (click here if video is not observable)

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

Merkel tells Davos that Europe must reform

Posted on January 25, 2012 by macromon

(click here if video is not observable)

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

Romney’s Gift from Bernanke

Posted on January 25, 2012 by macromon

Mitt Romney just received a huge campaign gift from Ben Bernanke as he moves to the Florida primary.    The Fed just announced they will continue to flog savers  — i.e., Florida retirees who live off CD income, and we’re … Continue reading →

Posted in Black Swan Watch, Japan, Monetary Policy, Sovereign Debt, Sovereign Risk | Tagged , , , , , | 4 Comments

Dollar Yen Pierces Long-Term Downtrend Line

Posted on January 24, 2012 by macromon

Our friends over at Lighthouse Securities posted a nice chart and great analysis on today’s $/Yen’s break of its two-year downtrend line.    We’re sensing this could be one of the big macro trades of 2012. As Europe works through … Continue reading →

Posted in Dollar, Sovereign Debt, Sovereign Risk | Tagged , , , | Leave a comment

French Politics Heating Up….

Posted on January 22, 2012 by macromon

Looks like the elections in France are about to get very interesting.  François Hollande now holds 7 point lead in polls over Sarkozy. (click here if video is not observable)

Posted in Euro, Politics, Sovereign Risk | Tagged , , , | 1 Comment