-
In economics, things take longer to happen than you think they will, and then they happen faster than you thought they could.
-
Join 1,218 other subscribers
Contribute To GMM
Categories
- 3D Printing
- Agriculture
- AI
- Algos
- Apple
- Automation
- Banking
- BFTP
- Bitcoin
- Black Swan Watch
- Bonds
- Brazil
- Brexit
- BRICs
- Budget Deficit
- Capital Flows
- Cartoon of the Day
- Cashless Society
- Chart of the Day
- Charts
- China
- Clean Tech
- Climate Change
- Coach C
- Commodities
- Coronavirus
- COVID
- Credit
- Crude Oil
- Currency
- Cyprus
- Daily Risk Monitor
- Day In History
- Debt
- Demographics
- Disinflaton
- Dollar
- Earnings
- ECB
- Economics
- Economist
- Egypt
- Electric Vehicles
- Emerging Markets
- Employment
- Energy
- Environment
- Equities
- Equity
- Euro
- Eurozone Sovereign Spreads
- Exchange Rates
- Fed
- Finance and the Good Society
- FinTech
- Fiscal Cliff Monitor
- Fiscal Policy
- Food Prices
- France
- Futurist
- Game Theory
- General Interest
- Geopolitical
- Geopolitics
- German Bund
- Germany
- Global Macro Watch
- Global Reset
- Global Risk Monitor
- Global Stock Performance
- Global Trend Indicators
- Gold
- Greece
- Healthcare
- Heat Map
- Hedge Funds
- Housing
- Human Interest
- Immigration
- Impeachment
- India
- Inequality
- Inflation/Deflation
- Infographics
- Innovation
- Institutional Investors
- Interest Rate Monitor
- Interest Rates
- Interviews
- Italian Yields
- Italy
- Japan
- Jobs
- Lectures
- Macro Notes from Conference Calls
- Manufacturing
- Masters
- Mexico
- Monetary Policy
- Movies
- Muni Bonds
- Muni Market
- Natural Gas
- News
- Nonlinear Thinking
- North Korea
- Overbought Markets
- Picture of the Day
- PIIGS
- PMIs
- Policy
- Politics
- Population
- Populism
- Poverty
- President Trump
- Qunat Strategies
- Quote of the Day
- Quotes
- Rare Earth Elements
- Readership
- Reads
- Real Estate
- Relative Strength Index
- Robert Shiller
- RSIs
- S&P500
- Sector ETF Peformance
- Semiconductor prices
- Semiconductors
- Social Media
- Socialism
- Song for the Week
- Sovereign Debt
- Sovereign Risk
- Spain
- Sports
- State and Local Government
- Tail Risk
- Technical Analysis
- Technology
- The Big Reset
- The Weekend Read
- This Day In Financial History
- Trade War
- Trades
- Tweet of the Day
- Ugly Chart Contest
- Uncategorized
- US Releases
- Video
- Volatility
- Wages
- Week Ahead
- Week in Review
- Weekend Reads
- Weekly Eurozone Watch
- Whales
-
Recent Posts
Meta
Tag Archives: Greece
Greece GDP Growth, Inflation, & Current Account: 1991-2011
Here is some context to our last post on Greece nominal bond yields. What really matters is real bond yields – nominal rate less inflation. This chart illustrates that though Greek nominal yields were over 20 percent in 1993 when … Continue reading
Posted in Black Swan Watch, PIIGS, Sovereign Debt, Sovereign Risk
Tagged Current Account, Economic Indicators, GDP, Greece, Inflation
2 Comments
Greek Haircuts: A Clarification
The media and some pseudo-analysts, and, surprisingly, even some investors, still don’t understand what the 21 percent haircut in the Greece bond restructuring is all about. The 21 percent touted about is simply the hypothetical secondary market discount of the … Continue reading
Posted in Black Swan Watch, Euro, PIIGS, Sovereign Debt, Sovereign Risk
Tagged European Banks, Greece, Haircuts
Leave a comment
Sarkozy: Europe “morally obliged” to help Greece
(click here if video is not observable)
Posted in Black Swan Watch, Bonds, Budget Deficit, PIIGS, Sovereign Debt, Sovereign Risk, Video
Tagged European Debt Crisis, Greece, Sarkozy
Leave a comment
Angry Greeks Protest Arrival of Trioka
(click here if video is not observable)
Posted in Black Swan Watch, Euro, PIIGS, Politics, Sovereign Debt, Sovereign Risk
Tagged Euro, European Sovereign Debt, Greece, Protests, Troika
Leave a comment
Week-long unrest in Greece ahead of troika meeting
(click here if video is not observable)
Posted in Black Swan Watch, PIIGS, Sovereign Debt, Sovereign Risk
Tagged European Sovereign Debt Crisis, Greece, Protests
Leave a comment
La Grande Divergence
Great chart of eurozone sovereign 10-year yields from Desmond Lachman of the American Enterprise Institute. We made a decent living off the “great convergence trade” of the 1990’s, where yields of the eurozone sovereigns collapsed on top of each other. … Continue reading
Posted in Black Swan Watch, Bonds, Budget Deficit, Euro, PIIGS, Sovereign Debt, Sovereign Risk
Tagged Debt Crisis, European Sovereign Yields, Greece, Italy, Portugual, Spain
1 Comment
Interview: Anni Podimata, Greece VP of the European Parliament
(click here if video is not observable)
Posted in Black Swan Watch, Euro, PIIGS, Sovereign Debt, Sovereign Risk
Tagged Anni Podimata, European Parliment, Greece
Leave a comment
Takin’ It to the Greek Streets
The future of Euro is going to be determined by the Greek street in the next few weeks and how they react to the new austerity measures. G-Pap has his work cut out convincing the population the pain is … Continue reading
Posted in Black Swan Watch, Budget Deficit, Euro, Fiscal Policy, PIIGS, Sovereign Debt, Sovereign Risk
Tagged European Sovereign Debt Crisis, Greece, Rioting
Leave a comment
Holders of Sovereign Debt
Here’s a great chart just released by the International Monetary Fund. Note that almost half — 47 percent — of the US$14.7 trillion U.S. federal government debt is held by the Federal Reserve and the government itself, such as the … Continue reading
Posted in Bonds, Fiscal Policy, PIIGS, Sovereign Debt, Sovereign Risk
Tagged Federal Reserve, Greece, Ireland, Japan, Portugal, Sovereign Debt, UK, US Debt
10 Comments
Europeans spooked by spectre of Greek default – Euronews
(click here if video is not observable)
Posted in Black Swan Watch, PIIGS, Video
Tagged European Sovereign Debt Crisis, Finland, Greece
Leave a comment
Global Macro Monitor 