Caution the rise of the Mama's Boys!

My weekend was uneventful but the peeps in China should be pretty happy.  PBOC has told Chinese banks to start lending more.  Also things in Greece still unclear but you may want to break out the Baklava (supposedly) we should see an agreement by Monday.  

Now onto more sobering news, Mama’s Boys (GROSS!) are on the rise.  See, the number of  25-34 year old Euro-zone boys living with their Parentals is pretty huge.  However, the problem isn’t evenly distributed and a lot worse in some places.  In that vein, I have attached this nifty chart to see where the sissy problem is the worst.   No surprise GREECE (with almost 60% of boys bunking with mommy/daddy) takes top spot as the  ‘mama’s boy’ capital and also boasts the highest CDS.   Never heard of CDS (Credit Default Swap)?  It’s easy – basically a fancy term for insurance to protect against a country going bust.  So stop glazing over when you hear finance boys chatting CDS!  If you’re the type to who thinks Mommy-obsession is a No-No, better mind the CDS!  The relationship(correlation) between CDS and Mama’s boys at 75% is dangerously high.