Tag Archives: Mario Draghi

Euro Swan Dives Splashes Santa

Posted on December 28, 2011 by macromon

This morning’s swan dive in the euro stopped the Santa rally right in its tracks. We have two questions: 1) Has the ECB shot its wad as the lender of last resort providing massive liquidity to the banking system and … Continue reading →

Posted in Black Swan Watch, Equities, Euro | Tagged ECB, Euro, Mario Draghi, S&P500, Santa Claus Rally | 1 Comment

Draghi: Where’s the Beef?

Posted on November 18, 2011 by macromon

ECB President, Mario Draghi, gave his first official speech outside the Eurozone’s central bank and asked EU policymakers “where is the implementation” of past decisions to beef up the EFSF. The ECB is in a difficult position and has to … Continue reading →

Posted in Black Swan Watch, Bonds, Euro, Sovereign Debt, Sovereign Risk | Tagged ECB, European Sovereign Debt Crisis, Italy, Mario Draghi | 1 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 →