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Recent Posts
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Tag Archives: Greek elections
Images from Greece’s crucial election – Reuters
(click here if video is not observable)
Samaras Wins Greek Election
As we expected the Greeks rejected the Armageddon they so feared. Now for the hard part. Structural problems remain. Markets like it and many caught offside. Is that a inverted head and shoulder pattern in the S&P500? (click here if … Continue reading
Central banks brace for stormy weekend
(click here if video is not observable)
Posted in Black Swan Watch, Euro, PIIGS
Tagged Central Banks, ECB, Fed, Greek elections, Greek exit
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Greek Logic
Here’s a political and economic paradox.: If the Greeks are pulling their money out of banks en masse, buying durables, and hording food to prepare for Armageddon, will they actually vote for the Armageddon they are so panicked about? We … Continue reading
Posted in Black Swan Watch, Euro, PIIGS, Sovereign Debt, Sovereign Risk
Tagged Greek elections
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Longs Send Out Mayday As ISM NMI Disappoints
Noisy markets. Noisy data. Buckle up for tomorrow’s big one. Today’s action was just the opposite of our May Day post when shorts got their manhood caught in a bear trap. Though we believe markets are a little too … Continue reading
Posted in Economics, Equities
Tagged China, Fiscal Cliff, French elections, Greek elections, ISM Non-manufacturing Index, S&P500
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Global Macro Monitor 