-
In economics, things take longer to happen than you think they will, and then they happen faster than you thought they could.
-
Join 1,222 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: Sovereign Risk
Euro Trashed!
Dennis Gartman (click here for video) said today the Euro has “almost terminal problems”and eventually “breaks apart” into a Northern Euro and Southern Euro. The currency broke its 200-day moving average against the dollar and looks headed to a very … Continue reading
Posted in Black Swan Watch, Bonds, Currency, Euro, Monetary Policy, Sovereign Risk
Tagged Euro, Eurozone Crisis, Sovereign Debt Crisis, Sovereign Risk
Leave a comment
Chart of the Day: PIIGS Bond Maturities
This is a major factor contributing to the Eurozone stress that just won’t go away. SpiegelOnline charts show the PIIGS must redeem bonds totaling over Euro45o BN in 2011, of which, Euro 128.3BN are Spanish Bonds and Euro264.6 BN Italian … Continue reading
Posted in Black Swan Watch, Bonds, PIIGS, Sovereign Debt, Sovereign Risk
Tagged Soveign Debt, Sovereign Risk
1 Comment
Run on German Safe Deposit Boxes? WTH?
The implosion of the Eurozone appears to be accelerating. But Germany? Come on! Yet Ambrose Evans-Pritchard writes the crisis in the eurozone periphery is moving to the core as credit default swaps for German, French,and Dutch bonds have blown out … Continue reading
Posted in Black Swan Watch, Bonds, Budget Deficit, Fiscal Policy, Geopolitical, PIIGS, Sovereign Debt, Sovereign Risk
Tagged Euro, Europe, Germany, Sovereign Debt Crisis, Sovereign Risk
Leave a comment
‘The Euro Was Equivalent of US’ Subprime Securities’
This quote is from today’s Spiegel Online International, which has an excellent summation of what the German newspapers are saying about the Eurozone sovereign debt crisis. The leftist Die Tageszeitung writes: “Where earlier countries with small currencies like the Irish … Continue reading
Posted in Black Swan Watch, PIIGS, Sovereign Risk
Tagged bailout, Germany, Ireland, Sovereign Risk
1 Comment
Ireland Bailout Equal to $8.8 trillion US Equivalent
The FT reports the Irish bailout package will total €80bn-€90bn, which is about 60 percent of the country’s $200 BN annual GDP. Massive! The FT writes, The bail-out is expected to total €80bn-€90bn and will include contributions from the UK … Continue reading
Posted in Black Swan Watch, Currency, Equities, PIIGS, Politics, Sovereign Risk
Tagged Irish Bailout, PIIGS, Sovereign Debt, Sovereign Risk
Leave a comment
Merkel Blinks, Irish Bonds Rally
The panic in the European periphery eased a but as Irish bonds rallied sharply after finance ministers issued a statement that current debt would not be included in burden sharing in the event of a sovereign restructuring. The FT writes, … Continue reading
Posted in Black Swan Watch, PIIGS, Sovereign Risk
Tagged Angela Merkel, European Sovereign Debt Crisis, Irish Bonds, Largarde, Merkek, Sovereign Risk
Leave a comment
The Greatest Trade Ever?
Check out Bespoke’s great table of Credit Default Swap (CDS) prices. We don’t trade CDS, but doesn’t Long China/Short Japan, straight up, seem like the greatest trade ever? Or just outright short at 53 bps? Japan’s public funding requirement is almost … Continue reading
Posted in Black Swan Watch, Bonds, Monetary Policy, Sovereign Risk
Tagged CDS, China, Japan, Sovereign Risk
Leave a comment
“All that liquidity ends up not where it is supposed to be…”
Great CNBC interview (click for video) with British historian, Niall Ferguson. It’s worth the 5 minutes of your time. We’re amazed how well Ferguson understands the global economy and articulates the risks better than many trained economists. Money quotes: “There … Continue reading
Posted in Black Swan Watch, Bonds, BRICs, China, Commodities, Credit, Currency, Monetary Policy, Policy, Sovereign Risk
Tagged Currencies, Monetary Policy, Niall Ferguson, Sovereign Risk
Leave a comment
Breakup of the Euro isn’t unthinkable – Peer Steinbrueck
Peer Steinbrueck, who served as finance minister under Angela Merkel from 2005 to 2009, has published, Unterm Strich (“On Balance”), his insider view of the financial crisis. It looks to be a fascinating read. Bloomberg has a great first look: … Continue reading
Posted in Black Swan Watch, Bonds, China, Credit, Geopolitical, Monetary Policy, Policy, Sovereign Risk
Tagged China, Currency, Euro, Greece, Sovereign Risk
Leave a comment
MS Poll: 53% Believe US Debt Crisis By 2012
An interesting chart from the Business Insider of the results of a Morgan Stanley survey of 150 clients at a recent investment conference. Shockingly, more than 50% of the investors polled believe the US will experience a sovereign debt … Continue reading
Posted in Black Swan Watch, Bonds, Credit, Monetary Policy, News, Policy, Politics, Sovereign Risk
Tagged bonds, Debt Crisis, Interest rates, Sovereign Risk
Leave a comment
Global Macro Monitor 