Tag Archives: Spain

Weekly Eurozone Watch

Posted on April 13, 2012 by macromon

(click here if charts are not observable)

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Depression in the European Periphery

Posted on April 11, 2012 by macromon

Nice chart and analysis from the New York Fed’s blog, The chart also shows that the current economic situation is much weaker in several euro-area periphery countries. The recession in Greece has yet to end, and real GDP is now … Continue reading →

Posted in Black Swan Watch, Euro, PIIGS, Sovereign Debt, Sovereign Risk | Tagged , , , , | 1 Comment

Tough Day in Euroland

Posted on April 10, 2012 by macromon

Europe came back from its long Easter weekend and took a nasty spanking. Spain’s sovereign spread over German bunds blew out 26.3 bps and is within 40 bps of its November high, while Italy moved 27.4 bps wider.   The large … Continue reading →

Posted in Black Swan Watch, Equities, Euro, Eurozone Sovereign Spreads, German Bund, Sovereign Debt, Sovereign Risk | Tagged , , , , , | Leave a comment

The Bigs Break

Posted on April 9, 2012 by macromon

More breaks in the big indices as the S&P500 and Dow have violated their short-term uptrend.   The Dow closed below its 50-day moving average today for the first time since mid-December, which was a vicious bear trap.   Doesn’t seem like … Continue reading →

Posted in China, Equities, Euro, Eurozone Sovereign Spreads, Sovereign Debt, Sovereign Risk, Technical Analysis | Tagged , , , , | 2 Comments

60 Minutes: Europe’s Debt Crisis

Posted on April 8, 2012 by macromon

CBS’ 60 minutes aired this report tonight. Well worth your time. When the tide goes away you see those who do not have a swimming costume on.   And that was the case in Europe – Christine Lagarde (click here if … Continue reading →

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Weekly Eurozone Watch: Spreads Blow Out, Banks Tank

Posted on April 6, 2012 by macromon

(click here if charts are not observable)

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Rajoy seeks to calm investor nerves in Spain

Posted on April 2, 2012 by macromon

(click here if video is not observable)

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Weekly Eurozone Watch – LTRO Anesthesia Wearing Off

Posted on March 30, 2012 by macromon

(click here if charts are not observable)

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Real Pain in Spain

Posted on March 29, 2012 by macromon

Youth unemployment (<25 years) running at 50 percent!   The stuff the “clash of generations” is made of.  It’s starting to feel the world is about three sparks away. (click here if video is observable)

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

Spain’s People Party Takes Hit Before Austerity Budget

Posted on March 26, 2012 by macromon

From Euronews, Spain’s ruling centre-right People’s Party has been dealt a blow ahead of launching a new austerity budget on Friday. Despite being tipped to win, it has failed to secure an outright majority in the Andalucian regional election. The … Continue reading →

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