Tag Archives: Germany

Apple Nation: 3-mo Change in Mkt Cap = 4.4% of German GDP

Posted on February 28, 2012 by macromon

Apple is once again ramping to a new high today.  This is one stunning stock as its  up over 46 percent since November 25th — an increase in market cap of over US$158 BN!   That’s larger than Hungary’s 2011 GDP, … Continue reading →

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Euro Fracture: Greeks Urged to Boycott German Products

Posted on February 21, 2012 by macromon

Keep this on your radar.   Ugly politics heighten deal risk. (click here if video is not observable)

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

Eurozone Sovereign Spread Tightening

Posted on January 12, 2012 by macromon

After the better than expected Spanish bond auction, eurozone sovereign spreads have come in significantly today.  The widely watched Italian 10-year bond yield fell to 6.63 percent. The return of confidence, in our opinion, is the continuation of the markets’ … Continue reading →

Posted in Black Swan Watch, Euro, Eurozone Sovereign Spreads, PIIGS, Sovereign Debt, Sovereign Risk | Tagged , , , , , , | 2 Comments

Italy Works Over 20% More Hours Than Germany and France

Posted on December 12, 2011 by macromon

The stereotype of lazy southern Europe and the hard working North is just not reflected in the data.   We came across this BLS data set over the weekend which was very enlightening and, in part, smashes this widely held generalization. … Continue reading →

Posted in Black Swan Watch, Employment, Euro, Sovereign Debt, Sovereign Risk | Tagged , , , , | 5 Comments

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

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

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

How Germany Sees the ECB’s “Bid of Last Resort”…

Posted on November 9, 2011 by macromon

Interesting graphic from Der Spiegel.   Note the title, “An Endless Bond Buy?,”  which speaks volumes on the German position of ECB monetization.   Is a new Europe about to erupt onto the scene? (click here if chart is not observable)

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

Flash Eurozone PMI Lowest Since July 2009

Posted on October 24, 2011 by macromon

                      (click here if charts are not observable)

Posted in Economics, Euro | Tagged , , , , , | 4 Comments