Category Archives: Euro

The Bonds With A Draghi Tattoo

On Tuesday,  June 27th,  Super Mario said this, “Deflationary forces have been replaced by reflationary ones.”  – Mario Draghi And here is how global 10-year bond yields reacted, The German 10-year Bund yield increased 77 percent — OK, from a … Continue reading

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QOTD: Super Mario Speaks

“Deflationary forces have been replaced by reflationary ones.”  – Mario Draghi

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QOTD 2.0: More Inflation Cometh

The question is:  Has the aircraft carrier of rising global inflation finally left port? Big fiscal stimulus planned in U.S. with labor shortages.  Hmm….  And tariffs on imports increasing. Even China has reversed its deflationary forces. You know when aircraft … Continue reading

Posted in Euro, Fiscal Cliff Monitor, Inflation/Deflation, Uncategorized, US Releases | Tagged , | 2 Comments

Sovereign Risk and Debt Crises

We received some interesting pushback on our recent post, Is the U.S. Government Bankrupt?  Not Even Close. The purpose of the post was to remind readers to not ignore the left side of a government’s balance sheet — assets —  … Continue reading

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French Oat-German Bund 10-year Spread

Notice on the chart the Oat-Bund spread coming in 25 bps in past week.  We are buyers of a French dip.  See here and here. An apparent threat by far-right leader Marine le Pen to punish state employees who “persecute” … Continue reading

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Trump & Le Pen compared in 90 seconds – FT

Gideon Rachman, the FT’s chief foreign affairs commentator, compares the movements behind US president Donald Trump and French presidential candidate Marine Le Pen – in 90 seconds. ► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs  

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Will Fillon Scandal Boost Le Pen and Macron? – WSJ

Published on Feb 1, 2017 He was the front-runner in the race to become France’s next president. But have allegations that François Fillon misused public funds created an opening for far-right leader Marine Le Pen and centrist Emmanuel Macron? WSJ’s … Continue reading

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French Oat-German Bund 10-year Spread

The spread on the French 10-year and German 10-year widened almost 10 bps this week and is now approaching 2014 highs.  François Fillon prospects in the betting markets dropped like a stone in the past week over the scandal his … Continue reading

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Renzi Fustigazione!

http://www.repubblica.it/static/speciale/2016/referendum/costituzionale/    

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Italian PM to quit after voters reject his constitutional reforms – EuroNews

Published on Dec 4, 2016 Italian Prime Minister Matteo Renzi is to resign following a heavy defeat in Sunday’s constitutional reform referendum. Although ostensibly on plans to streamline parliament the poll was largely seen as a confidence vote in the … Continue reading

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