Tag Archives: Japan

Dollar Yen Pierces Long-Term Downtrend Line

Posted on January 24, 2012 by macromon

Our friends over at Lighthouse Securities posted a nice chart and great analysis on today’s $/Yen’s break of its two-year downtrend line.    We’re sensing this could be one of the big macro trades of 2012. As Europe works through … Continue reading →

Posted in Dollar, Sovereign Debt, Sovereign Risk | Tagged , , , | Leave a comment

Surprising Global Demographic Trends

Posted on November 3, 2011 by macromon

Digging through some old IMF publications last night we came across this little nugget of data on global demographic trends that really caught us by surprise.   When most think about Asia x/Japan they picture a young dynamic growing population ready … Continue reading →

Posted in China, Demographics, Economics, General Interest, Japan | Tagged , , , | 1 Comment

Holders of Sovereign Debt

Posted on September 20, 2011 by macromon

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 , , , , , , , | 10 Comments

Is the U.S. Becoming Japan?

Posted on September 12, 2011 by macromon

As Treasury bond yields tumble to record lows we’re hearing lots of talk the U.S. is following the economic trajectory of Japan.  Not so fast!   Take a look at the following chart. After 990 days trading days from peaking, … Continue reading →

Posted in Black Swan Watch, Bonds, Budget Deficit, Equities, Fiscal Policy, Global Stock Performance, Sovereign Debt | Tagged , , , , , , | Leave a comment

The Weekend Read: Death by Debt

Posted on July 15, 2011 by macromon

“WE HAVE a system of government in which everybody has to give a little bit.” So said Barack Obama at the start of this week. But parse that sentence. Does the president mean that America already has a system in … Continue reading →

Posted in The Weekend Read | Tagged , , , , , , | 2 Comments

Bank Exposure to Domestic Sovereigns

Posted on July 11, 2011 by macromon

Here at the Global Macro Monitor we perceive a rapidly changing financial landscape.  The concept of risk-free is being redefined as we write and analysts are now forced to look at the systemic risk caused by a banking system’s exposure … Continue reading →

Posted in Black Swan Watch, Bonds, Budget Deficit, Charts, Euro, Fiscal Policy, Sovereign Debt, Sovereign Risk | Tagged , , , , , | 2 Comments

Debt and Leverage in Advanced Economies

Posted on June 20, 2011 by macromon

The following is one of the most comprehensive snapshots of relative debt and leverage in the major advanced economies.   The source of the table is the IMF’s Global Financial Stability Report (page 11). We find interesting that U.S. debt held … Continue reading →

Posted in Bonds, Budget Deficit, Charts, Economics, Sovereign Debt, Sovereign Risk | Tagged , , , , , | 3 Comments

The Weekend Read: Bikini Wax Indicator

Posted on May 27, 2011 by macromon

If you’re getting a bikini wax in Brazil, you’ll likely find that the cost is rising. And if you’re an economic policy maker, you’ll likely see that as a problem, since the bikini wax is one of the items the … Continue reading →

Posted in The Weekend Read | Tagged , , , , , , , | 3 Comments

The Weekend Read

Posted on March 18, 2011 by macromon

New York Fed President William Dudley on Friday cited the new improved tablet as an example of the economy’s dearth of upward inflation pressures. But for a Queens, N.Y., audience more worried about the price of food, that didn’t go … Continue reading →

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Apple Closes Below 50-day Moving Average

Posted on March 15, 2011 by macromon

After an impressive rally off its day low at 340.10,  Apple failed to close above ts 50-day moving average for the first time since September 2, 2010.  The stock was up 50 percent from August 24 to its March 4 … Continue reading →

Posted in Apple, Equities, Japan | Tagged , , | 1 Comment