Tag Archives: European Debt Crisis

Merkel: euro crisis can’t be solved overnight

Posted on October 30, 2011 by macromon

(click here if video is not observable)

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

The Pain in Spain – 3.302% 6-month Bills

Posted on October 25, 2011 by macromon

The NY Times reports, The Treasury said in Madrid that it had sold bills valued at €3.48 billion, or $4.9 billion, of short-term paper — substantially all of the €3.5 billion it had been targeting. It sold three-month securities priced … Continue reading →

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

Norway’s Sovereign Wealth Fund May Help Eurozone

Posted on October 24, 2011 by macromon

This may the rabbit the Euros pull out of the hat.  Sovereign wealth funds to compliment EFSF.  Our sense Lagarde is working on something. (click here if video is not observable)

Posted in Euro, Fiscal Policy, Sovereign Debt, Sovereign Risk | Tagged , , , | 1 Comment

Most Important Spread in the World

Posted on October 23, 2011 by macromon

Given the bank recapitalization plan announced over the weekend,  the France national government may be on the hook to help recapitalize and backstop its banking system.  The markets will be full of noise in the next few days and we … Continue reading →

Posted in Credit, Euro, Monetary Policy, Sovereign Debt, Sovereign Risk | Tagged , | 2 Comments

Rivets Starting to Pop in Greece

Posted on October 20, 2011 by macromon

The FT reports, Greece should get its next €8bn in international aid, but its economic outlook is deteriorating so rapidly that a second bail-out plan agreed just three months ago is no longer adequate to keep Athens afloat, international lenders … Continue reading →

Posted in Black Swan Watch, Budget Deficit, Euro, PIIGS | Tagged , | Leave a comment

Quote of the Day: Sarkozy’s Warning

Posted on October 20, 2011 by macromon

If there isn’t a solution by Sunday, everything is going to collapse – French president Nicolas Sarkozy

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

Germany dampens euro zone crisis hopes

Posted on October 17, 2011 by macromon

(click here if video is not observable)

Posted in Black Swan Watch, Economics, Euro, Sovereign Debt, Sovereign Risk, Video | Tagged , , | Leave a 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 →

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Spooky Chart: French with an Irish Brogue

Posted on October 15, 2011 by macromon

Here is the one chart via Reuters that scares us most.   French bond yields relative to 10-year German bonds have been spiking.  The market seems concerned that a large commitment by France to backstop or recapitalize its banking system could … Continue reading →

Posted in Black Swan Watch, Bonds, Sovereign Debt, 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