Tag Archives: Greece

Sovereign Debt Hygienics

Posted on January 29, 2012 by macromon

Interesting calculations posted by Spiegel from the Kiel Institute on the sovereign haircuts which would make the debt of the listed countries sustainable.   We would love to see the calculations for the U.S., U.K., and Japan. (click here if charts … Continue reading →

Posted in Black Swan Watch, Euro, Italian Yields, PIIGS, Sovereign Risk | Tagged , , , , , | 3 Comments

Weekly Eurozone Watch: Italy below 6 percent, €/$ Squeezola

Posted on January 27, 2012 by macromon

(click here if charts are not observable)

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

Stratfor: Eurozone Prepares to Eject Greece

Posted on January 27, 2012 by macromon

(click here if video is not observable)

Posted in Black Swan Watch, Euro, PIIGS, Sovereign Debt, Sovereign Risk | Tagged , , , | 3 Comments

Greece debt talks come down to the wire

Posted on January 26, 2012 by macromon

It’s a done deal.  Everything else is noise.  Seriously, do you think the deal will tank over a couple of basis points? (click here if video is not observable)

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

What Eurozone Crisis?

Posted on January 19, 2012 by macromon

Wow!  Check the moves in the large Eurozone bank stocks today and for the week.  And, unlike the U.S. market, on heavy volume.   Euro sovereign spreads are a bit tighter on the week with the exception of Portugal, which Standard … Continue reading →

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

Tough Christmas in Greece

Posted on December 9, 2011 by macromon

(click here if video is not observable)

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

Greece: Spending With a Return

Posted on December 2, 2011 by macromon

Not all gov spending is bad and here’s an example in Greece, where spending is being prioritized and will provide a nice return on investment not mention the positive exeternalities (econo speak for side benefits) for world culture.  We didn’t … Continue reading →

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

Angry Greeks: “EU, IMF Out!”

Posted on November 17, 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

The Biggest Bubble in History?

Posted on November 14, 2011 by macromon

We are baffled by the analysis of the analyst community, some, of which, are not so analytical.  They say that  Europe’s fundamental problem is that it  has a central bank which is unwilling to monetize sizeable debt maturities which bondholders … Continue reading →

Posted in Black Swan Watch, Bonds, BRICs, Budget Deficit, Commodities, Credit, Currency, Euro, Monetary Policy, PIIGS, Sovereign Risk, State and Local Government | Tagged , , , , , , , | 17 Comments

BNP Paribas Increases Reserves on Greece Exposure to 60%

Posted on November 2, 2011 by macromon

BNP Pariabas,  Europe’s largest bank in terms of total assets,  took a €2.1 billion hit to earnings after increasing reserves on its Greece exposure to 60 percent,  up from 21 percent last quarter.  The European banks are finally getting serious, … Continue reading →

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