Tag Archives: European Sovereign Debt Crisis

The Future of the Euro

Posted on November 27, 2011 by macromon

(click here if chart is not observable)             Source: Gavyn Davies,  FT

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

Monti, Merkel and Sarkozy to hold mini summit

Posted on November 23, 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

Spain’s Funding Rates Soar

Posted on November 22, 2011 by macromon

(click here if video is not observable)

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

Spiegel: Germany’s Finances Not as Sound as Believed

Posted on November 22, 2011 by macromon

This will surprise many.  Der Spiegel reports that Germany’s fiscal management is not as “exemplary” as most perceive. …Last week, the suspicions of international investors reached the stable core of the euro zone. Investors embarked on a massive selloff of … Continue reading →

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

Draghi: Where’s the Beef?

Posted on November 18, 2011 by macromon

ECB President, Mario Draghi, gave his first official speech outside the Eurozone’s  central bank and asked EU policymakers “where is the implementation” of past decisions to beef up the EFSF.    The ECB is in a difficult position and has to … Continue reading →

Posted in Black Swan Watch, Bonds, Euro, Sovereign Debt, Sovereign Risk | Tagged , , , | 1 Comment

The Consequences of Euro Debt Monetization

Posted on November 17, 2011 by macromon

As the pressure on ECB grows to step up its “bid of last resort” for European sovereign bonds, the folks over at Zero Hedge ask the very important question what are consequences if the ‘zone  resorts to massive debt monetization?    … Continue reading →

Posted in Black Swan Watch, Bonds, Budget Deficit, Dollar, Euro, Sovereign Debt, Sovereign Risk | Tagged , , | 6 Comments

Debt Diets & Riots: Euro Lose/Lose?

Posted on November 16, 2011 by macromon

Here’s an interesting take on the euro crisis from Russia Today.   BTW, hearing rumors that Germany is kicking around a Eurobond type structure, which skirts their constitutional constraints on increased lending to the ‘zone.  Just rumors. (click here if … Continue reading →

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

The Full Monti

Posted on November 13, 2011 by macromon

This is it.  We’re expecting a nice year-end relief rally on the back of the the positive political developments and rise of the technocrats in Italy an Greece.   A vote of confidence from the ECB could really give the rally … Continue reading →

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

Daniel Gros: Italy Holds the Key to the Survival of the Euro

Posted on November 11, 2011 by macromon

“For more insight euronews spoke to Daniel Gros, director of the Centre for European Policy Studies in Brussels. Mr Gros, Italy’s bond yields have reached a level that makes refinancing the country’s debt pactically impossible. What happens next? Will reform … Continue reading →

Posted in Black Swan Watch, Euro, Global Stock Performance, Global Trend Indicators | Tagged , , , | 1 Comment

Economist: Italy to determine euro’s survival – or destruction

Posted on November 10, 2011 by macromon

When the world’s third-largest bond market begins to buckle, catastrophe looms. At stake is not just the Italian economy but Spain, Portugal, Ireland, the euro, the European Union’s single market, the global banking system, the world economy, and pretty much … Continue reading →

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