Tag Archives: Greece

Greece Debt Swap Surprises, Great Deal for the Country

Posted on March 8, 2012 by macromon

The FT is reporting, The largest debt restructuring in history was heading for a successful outcome last night as Greece looked set to see a participation rate of close to 95 per cent for its €206bn bond exchange. One person … Continue reading →

Posted in Black Swan Watch, Bonds | Tagged , , , | 1 Comment

Greek debt swap deadline looms

Posted on March 5, 2012 by macromon

This is one of the biggest risks to the markets. Things could get ugly and if it falls apart due to an abundance of free riders and/or too many vultures holding out for full payment,  head for the bunker.   Stay … Continue reading →

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Weekly Eurozone Watch

Posted on March 2, 2012 by macromon

(click here if charts are not observable)

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G20 moves closer to bigger eurozone bailout fund

Posted on February 26, 2012 by macromon

(click here if video is not observable)

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

Weekly Eurozone Watch

Posted on February 24, 2012 by macromon

Q:  How does the market respond to all the doubts and scepticism about the second Greece bailout?   A:  They tighten Italian and Spanish spreads and take the Euro higher, although Portugal did widen on the week. We’ve learned a very important … Continue reading →

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IMF Still Sees Risk in Greece

Posted on February 23, 2012 by macromon

(click here if video is not observable)

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Greek bond swap brings new downgrades

Posted on February 22, 2012 by macromon

(click here if video is not observable)

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

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

Greek Credit Writedown! Finally…

Posted on February 20, 2012 by macromon

The just announced 2GB — Second Greece Bailout — is a misnomer.   We wouldn’t exactly call a deal where private creditors reschedule all maturing bond payments for the next ten or so years into a 30-year bullet with a 50+ … Continue reading →

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

Week in Review: Global Equity Indices Average RSI = 73

Posted on February 19, 2012 by macromon

Global equities continue in their strong uptrend.  Most markets are short-term overbought x/ Australia, China, and Mexico — as the average RSI of the major indices we cover is 73!   This has been the case for the past several weeks, … Continue reading →

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