Tag Archives: Euro sovereign spreads

Swan Lake – June 21

The euro periphery was rocked today by the rise to power of two populist Eurosceptic political powers, which has called into question the country’s membership in the euro.   Italian 10-year sovereign spreads out 22 bps.   Euro banks weaker EM EM … Continue reading

Posted in Black Swan Watch, Uncategorized | Tagged , | 1 Comment

Week In Review – June 15

Summary Friday’s markets were surprisingly resilient given the escalation of the trade wars Big recovery in Euro periphery sovereign spreads on the back of Italian FinMin’s statement backing the euro currency Angela Merkel is having big problems within her government. … Continue reading

Posted in Uncategorized, Week in Review | Tagged , , , , , , , , , , | Leave a comment

Week In Review – May 25

Summary The S&P500 is trapped in a 2-week trading range between 2707 to 2742. Of note, 2742.92 is the 61.8 Fibo in the correction, 2702.78 the 50 percent level Fibo.  The 100-day moving average is also support at 2710.86.  Watch … Continue reading

Posted in Bonds, Uncategorized, Week in Review | Tagged , , , , , | Leave a comment