Tag Archives: Merkel

‘Toon of the Day: Europe’s Imperial Couple

Only when the tide goes out do you discover who’s been swimming naked. –  Warren Buffet (click here if cartoon is not observable)

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Dangerous Merkel-Sarkozy Spin

Interesting read by some traders on the Merkel/Sarkozy nonevent.   Their take away is both leaders sent a message to the PIIGS to either get on board with fiscal adjustment or leave the Euro. Hmmmm.    Now what would that do to … Continue reading

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Week in Review: Anti-Nukes Nuke Merkel

The markets showed incredible resilience last week in their ability to look past Japan’s potential supply chain and nuclear problem, continued MENA instability, $100 plus crude oil, and the recent cover of Newsweek.    The VIX experienced its second biggest … Continue reading

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Weber’s Exit Highlights Merkel’s Euro Problem – Der Spiegel

A must read from Der Spiegel of the inside account of Axel Weber’s resignation. Bundesbank head Axel Weber’s resignation has made one thing clear: The debate about the future of the euro has become intense — and bitter. Indeed, Chancellor … Continue reading

Posted in Black Swan Watch, Currency, Euro, Monetary Policy, Sovereign Debt, Sovereign Risk | Tagged , , , | 2 Comments

Merkel Warned EU Germany Could Leave the Euro

The slow motion fracturing of the Eurozone continues as revelations surfaced that German chancellor, Angela Merkel warned the EU her country could abandon the euro.  The Guradian reports the threat took place at the EU Summit in Brussels at the … Continue reading

Posted in Black Swan Watch, Bonds, Budget Deficit, Euro, Fiscal Policy, PIIGS, Sovereign Debt, Sovereign Risk | Tagged , , , , , | 3 Comments

No Luck Be A Lady and The (Bad) Luck of the Irish

The Irish are caught in the middle of panicky capital flows and the loose rhetoric of European leaders.   PM Brian Cowen tried to calm markets after comments from German Chancellor Angela Merkel suggested that not all national debt should be … Continue reading

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