Tag Archives: Trichet

Super Mario’s dilemma, inflation fighting vs stimulus

Posted on October 31, 2011 by macromon

(click here if video is not observable)

Posted in Euro, Monetary Policy | Tagged , , , | Leave a comment

M.F. Euro Takes Down Equities

Posted on October 31, 2011 by macromon

Lots of debate out there what took the market down today.  We’re not certain you can tag the first 15 S&P points on a single factor — MF Global, euro,  Italy, yen intervention and strong dollar, or simple profit taking … Continue reading →

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

Dangerous Merkel-Sarkozy Spin

Posted on August 16, 2011 by macromon

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 →

Posted in Black Swan Watch, Monetary Policy, PIIGS | Tagged , , , , | Leave a comment

Did Trichet Hear the PIGs Squealing?

Posted on May 5, 2011 by macromon

Wow, what a swan dive!  The Euro fell a rare five handles and 3 percent against the dollar in just twenty-four hours as ECB President,  Jean-Claude Trichet, seemed to back away from his previous hawkish rhetoric at the Bank’s press … Continue reading →

Posted in Black Swan Watch, Bonds, Charts, Commodities, Crude Oil, Currency, Sovereign Debt, Sovereign Risk | Tagged , , , , , , , | 2 Comments

Trichet Says Bond “Haircuts” Would Reward Short Sellers

Posted on February 8, 2011 by macromon

A few week ago ECB President, Jean Claude Trichet, torched the short sellers of the Euro and he is now warning Members of the European Parliament (MEPs) that demanding “haircuts” from bondholders in Greece and Ireland would reward the short … Continue reading →

Posted in Credit, Economics, Euro, Monetary Policy, PIIGS, Sovereign Debt, Sovereign Risk | Tagged , , | Leave a comment

Europe’s Ricardian Equivalence vs America’s Keynesianism

Posted on October 11, 2010 by macromon

We thought this to be the most interesting chart of the recently released World Economic Outlook from the IMF.  Japan’s 2011 public sector funding requirement is a stunning 60 percent of GDP, which includes the rollover of maturing debt equivalent … Continue reading →

Posted in Bonds, BRICs, China, Commodities, Credit, Currency, Monetary Policy, Politics, Sovereign Risk | Tagged , , , , , , | 7 Comments