Tag Archives: Euro

Is the Euro Driving the S&P500?

Posted on October 22, 2011 by macromon

In case you haven’t noticed recently the Euro and S&P500 seem to be moving together almost tick for tick.   Here are the daily moves in futures over the past month.  Makes you think they’re both dancing to the same … Continue reading →

Posted in Black Swan Watch, Charts, Equities, Euro, PIIGS, Sovereign Debt, Sovereign Risk | Tagged , , | 1 Comment

Week in Review: Swanned Out?

Posted on October 16, 2011 by macromon

Huge week.  The S&P500, Nasdaq, Russell 2000, FTSE, Mexican Bolsa, and Hang Seng, Euro, and the CRB had their best weeks of the year.   After what we would deem a very disappointing G20, which revealed continued fracture and disunity within … Continue reading →

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

Europe’s Other Bank Problem

Posted on October 13, 2011 by macromon

One would think the following chart has a data error.   Not so. Europe is way over banked and the chart illustrates the monumental task and cost of recapitalizing some of their largest banks.  The size of the largest four banking … Continue reading →

Posted in Charts, Euro, Sovereign Debt, Sovereign Risk | Tagged , , | 1 Comment

Barroso presents bank recapitalisation plan

Posted on October 12, 2011 by macromon

(click here if video is not observable)

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

Those were the daze….

Posted on October 7, 2011 by macromon

(click here if photo is not observable)

Posted in Euro | Tagged , , | Leave a comment

Europe’s Bank Problem

Posted on October 6, 2011 by macromon

Another informative chart from the IMF showing the fundamental problem in Europe’s banking system –  excessive leverage and dependence on wholesale funding.  Add to that  overexposure to highly indebted sovereigns with deteriorating credit fundamentals.    It also illustrates why the German … Continue reading →

Posted in Black Swan Watch, Euro, Global Stock Performance, Global Trend Indicators, PIIGS, Sovereign Debt, Sovereign Risk | Tagged , , | 3 Comments

Spain and Italy Services PMI Continue to Contract

Posted on October 5, 2011 by macromon

(click here if chart is not observable)

Posted in Economics, Employment, Euro, PIIGS | Tagged , , , , | Leave a comment

ECB’s Bond Purchases: A Game of Cat and Mouse

Posted on October 4, 2011 by macromon

A little dated but an informative graphic nonetheless. (click here if chart is not observable)

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

Angry Greeks Protest Arrival of Trioka

Posted on September 29, 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

The Real Oktoberfest – € 9 per liter

Posted on September 17, 2011 by macromon

As the markets prepare for their Oktoberfest, which usually marks a seasonal low and the beginning of the traditional year-end rally, here is the real deal, folks!.   Oktoberfest opened in Munich with the city’s mayor tapping the first keg.   … Continue reading →

Posted in Euro, General Interest | Tagged , | Leave a comment