Tag Archives: French banks

Current State of the Market in a Sea of Volatility – 2.0

Time for another re-post. Amazing how things have changed very little since last September.  Still waiting for that comprehensive plan. The Current State of the Market in a Sea of Volatility Originally Posted on September 13, 2011 The picture below really … Continue reading

Posted in Black Swan Watch, Equities, Euro | Tagged , , , , , | 13 Comments

SocGen Takes €333 M Hit on Greek Exposure, Increases Loan Loss Reserves to 60%

The European banks are finally starting to face reality.   Provisioning against potential losses is the first step toward a comprehensive restructuring and final solution to the European debt crisis.   Taking losses,  suspending dividends, and limiting bonuses are painful for … Continue reading

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

Assessing the Risks of French Banks

(click here if video is not observable)

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

Buying the Moody Blues…

Classic sell the rumor, buy the fact trading action.  Within an hour after Moody’s downgrade of the French banks almost all the major global equity indices have turned up.   S&P futures were down almost 16 points and are now down … Continue reading

Posted in Black Swan Watch, Global Stock Performance, Global Trend Indicators, Sovereign Debt, Sovereign Risk | Tagged , , | Leave a comment

The Current State of the Market in a Sea of Volatility

The picture below really captures the volatility of the current market and how traders must remain detached like the Coast Guard cutter closely monitoring how the ship (market) is listing.  When too many are standing on one side of the … Continue reading

Posted in Black Swan Watch, Euro, Fiscal Policy, Global Stock Performance, Monetary Policy, PIIGS, Sovereign Debt, Sovereign Risk | Tagged , , , , , | 2 Comments