Tag Archives: Spain

Quote of the Day: EU Policymakers on Hopium

The primary strategy being pursued to prevent a further worsening of the situation is that of hope. And it is a strategy also being applied to the danger of further contagion. Greece, Ireland, Portugal, Spain: So far, European leaders have … Continue reading

Posted in Black Swan Watch, Budget Deficit, Euro, PIIGS, Sovereign Debt | Tagged , , , | Leave a comment

Fail

In last night’s post we commented on the spike in equity futures and lust for risk assets on the back of the Spanish bank bailout, Mr. Risk and the S&P’s have gapped up through resistance in overnight trading on the … Continue reading

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Bank bailout little relief for Spain’s unemployed

(click here if video is not observable)

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EU, Germany explore Spanish bank rescue

(click here if video is not observable)

Posted in Black Swan Watch, Euro, Sovereign Debt, Sovereign Risk, Video | Tagged , , | Leave a comment

Spain’s Rajoy calls for eurozone fiscal authority

(click here if video is not observable)

Posted in Black Swan Watch, Euro, Fiscal Policy, PIIGS, Sovereign Debt, Sovereign Risk | Tagged , , , | Leave a comment

EU ready to ease Spain’s deficit pain

(click here if video is not observable)

Posted in Black Swan Watch, Euro, PIIGS, Sovereign Debt, Sovereign Risk | Tagged , , , , | Leave a comment

Europe’s Other Oil Crisis

An EU strategic olive oil reserve to support prices (1:05 minutes into video). (click here if video is not observable)

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Weekly Eurozone Watch: Is Eurogeddon Exaggerated?

Key Data Points German 10-year Bund yield down 6 bps to 1.37 percent; France 28 bps tighter; Italy 9 bps tighter; Spain 10 bps wider; Belgium 21 tighter; Portugal 5 wider; Ireland 3 wider; Greece 113 wider; Large Eurozone banks … Continue reading

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Weekly Eurozone Watch

Key Data Points A small bounce on Friday after a tough week; German 10-year closes at 1.427 percent; France 14 bps wider; Italy 39 bps wider; Spain 35 bps wider; Portugal 140 bps wider; Ireland 59 bps wider; Greece 448 … Continue reading

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Europe Enters Terminal Zone

Another tough day in Europe as Greece failed to form a government and called for new elections.   We sense Europe has entered a terminal phase of the Euro as we now know it. No doubt there will numerous ECB interventions, … Continue reading

Posted in Black Swan Watch, Euro, German Bund, Italian Yields, PIIGS | Tagged , , , , , , , | Leave a comment