Articles | Macro At Hart Macro At Hart Putting Markets into Context Skip to content Home About QuickQ The Long End News & Videos Hartbeat Other Category Archives: Articles Why the Debate About EZ ‘Fiscal Union’ Is Wrongheaded, Focus on Growth Is Ill-Conceived And Ms Merkel Is Right Posted on July 9, 2012 by macrohart A fiscal union in the Eurozone (EZ) – whether in the form of additional financing or debt mutualization – is not only politically unrealistic but also counter-productive in dealing with the issues at hand. Transfers or grants would work, but … Continue reading → Posted in Articles | Tagged crisis, Eurozone, Fiscal union | Leave a comment Grading the 12th Eurozone Crisis Summit: Still in Search of ‘New Eurozone Man’ Posted on July 8, 2012 by macrohart The changes to the modus operandi of the ESM agreed at the latest summit appear significant at first (sovereign bond purchase, non-preferred creditor status, direct lending to banks plus the quid pro quo of ECB-led banking supervision) and can help … Continue reading → Posted in Articles | Tagged crisis, Eurozone, Fiscal union | Leave a comment Currency Implications of a China Slowdown Posted on May 14, 2012 by macrohart Risk sentiment and commodity prices bode ill for AUD in the event of a Chinese slowdown. Effects on other G10 currencies are more ambiguous: A reduction in global liquidity and redressing of global imbalances will likely be positive for USD, … Continue reading → Posted in Articles | Tagged China, FX | Leave a comment Search for: Latest Tweets There is life in the Philips curve after all! research.chicagobooth.edu/-/media/resear… research.chicagobooth.edu/-/media/resear… 3 years ago Finally some sense on the matter! bloomberg.com/opinion/articl… bloomberg.com/opinion/articl… 3 years ago Follow @Macro_At_Hart BoJ China Coronavirus Credit crisis Deflation ECB EM Emerging Markets Equity Eurozone exit Fed Fiscal union FX global Greece growth inflation Japan LTRO paradigm PIMCO QE rates Russia stock market US Yen Recent Posts A Partial, Annotated List of Covid-19 Resources When Are Asset Purchases QE? Markets Ignore Shift in Investment Paradigm at Their Own Peril What Happened in February? Is It the Start of Something New? And Where Will It All End? Another Year of MOTS and FOMO? Follow This Blog! Enter your email address to follow this blog and receive notifications of new posts by email. Email Address: Follow It Join 89 other followers Macro At Hart Create a free website or blog at WordPress.com. Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use. To find out more, including how to control cookies, see here: Cookie Policy Follow Following Macro At Hart Join 89 other followers Sign me up Already have a WordPress.com account? Log in now. Macro At Hart Customize Follow Following Sign up Log in Report this content View site in Reader Manage subscriptions Collapse this bar