Category Archives: Foreign

Macron-Economics

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Given the mayhem that took place a couple of weeks ago during the first round of the French elections, I was naturally curious to see what would happen yesterday, during the runoff. Marchon was widely expected to win, and he did so, and quite handily. As with the last instance, there was a sudden “pop” in just about every market………the difference this time being the pop lasted about a quarter of a second, followed by a slow erosion through the night. First with crude oil……..

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O Canada

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Since apparently our northern neighbor didn’t learn anything from the folly of the U.S. between 2002 and 2006, they have engaged in their own nutty real estate mania. Countless seminars and get-rich-quick schemes are cluttering the landscape, and I think we all know how this movie is going to end. For myself, I’ve taken to shorting those with a financial interest in this bubble, and my best winner so far is the Bank of Montreal.

0428-bmo

BDI Votes Marine Le Pen into Office!

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The French Connection Election:

Saturday afternoon, The Greek Goddess and I strolled over to the French Consulate on Fifth Ave & 75th Street so that BDI could exercise his fellow Frog voting rights. We were intent on taking a few pictures in order to mark and record the decidedly important occasion.  I had determined that my better half should snap the images, as I surmised that it might be a dicey proposition to take photos inside the consulate during the scrutinized voting procedures, an attractive distinguished blonde would likely have a better shot at getting away with it than a thick-headed ticked-off tadpole. (more…)