Tag Archives: France

How the mighty have fallen

Posted on November 3, 2012 by macromon

Peak Japan seems just like yesterday. We remember the days, or daze, working as grad student interns in the U.S. G when all govie economists were studying Theory Z, a Japanese management style and all the rage in business schools … Continue reading →

Posted in France, Japan | Tagged , , , | Leave a comment

French Protest for Debt Relief

Posted on October 14, 2012 by macromon

We agree the world does need an international bankruptcy court for sovereign debt.  Complicated to implement, however.   Nevertheless,  clear rules on recourse for creditors and relief for borrowers would limit the economic damage of sovereign panics. Around the world protesters … Continue reading →

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

Unemployment Rates of Selected OECD Countries

Posted on October 3, 2012 by macromon

Nice chart from the BLS. (click here if chart is not observable)

Posted in Employment | Tagged , , , , , | Leave a comment

France’s Youth Unemployment Problem

Posted on October 2, 2012 by macromon

For the first time since the late 1990s, there are more than three million jobless people in France, with nearly a quarter of under 25s currently unemployed. President Francois Hollande has promised to wage a war on unemployment, and to … Continue reading →

Posted in Employment, Euro, France | Tagged , | Leave a comment

Eurozone PMI Composite Output Index at 45.9, 39-month low

Posted on September 20, 2012 by macromon

Markit reported this morning, The Markit Eurozone PMI® Composite Output Index fell from 46.3 in August to 45.9 in September, according to the preliminary ‘flash’ reading, based on around 85% of usual monthly replies. The index therefore signalled that the … Continue reading →

Posted in Economics, PMIs | Tagged , , | Leave a comment

Spain Lobbying For Bond Purchases

Posted on July 25, 2012 by macromon

(click here if video is not observable)

Posted in Euro, PIIGS, Sovereign Debt, Sovereign Risk, Spain | Tagged , , | 1 Comment

Quote of the Day: Rotten to the Core?

Posted on July 24, 2012 by macromon

May brought the end of the “Merkozy” approach to the Euro crisis as the French voted out the austerity-loving Conservative and voted in Socialist President François Hollande. Under the new regime, France is now cozying up to its new anti-austerity, … Continue reading →

Posted in Quote of the Day | Tagged , , | 3 Comments

Weekly Eurozone Watch

Posted on June 29, 2012 by macromon

Key Data Points German 10-year bund 2 bps higher; France 8 bps wider; Spain 5 bps tighter; Portugal 67 wider; Ireland 66 tighter; Greece 131 bps tighter; Spanish and Italian bank stocks 3-10 percent higher; Euro FX up 0.66 percent; … Continue reading →

Posted in Weekly Eurozone Watch | Tagged , , , , , , | Leave a comment

France Debates a “More Federal Europe”

Posted on June 28, 2012 by macromon

The debate in Europe has finally crystallized into the the one point that matters.   How much sovereignty is each country willing to cede to a German led “Federal Europe.”   The following discussion on France 24 is very enlightening in … Continue reading →

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

Germany, France, Italy and Spain meet ahead of summit

Posted on June 26, 2012 by macromon

(click here if video is not observable)

Posted in Black Swan Watch, Euro, Eurozone Sovereign Spreads, Germany, Sovereign Debt, Sovereign Risk | Tagged , , , , | 5 Comments