Monthly Archives: March 2011

The Weekend Read: Hostage to Crude

Posted on March 5, 2011 by macromon

Under ordinary circumstances, accelerating inflation is bad for stock prices. Present circumstances, however, create a rare exception. Investors who aim to increase their wealth by owning stocks over the next decade should hope Federal Reserve Chairman Ben Bernanke fails in … Continue reading →

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The Weekend Video: Milton Freidman Classic

Posted on March 4, 2011 by macromon
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Apple Defying Gravity in Today’s Downdraft

Posted on March 4, 2011 by macromon

CNET does a good job summing up why the market is all lathered up over Apple.  Even after yesterday’s $7 plus move the stock is only down 0.20 percent as the overall market gives it up.   Lucky for Issac Newton … Continue reading →

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Chart of the Day: Components of the Gasoline Price

Posted on March 4, 2011 by macromon

Traveling in California today we witnessed $4.00 gas and prompted us to think what makes up the price.  We constructed the following chart from a U.S. Energy Information Agency (E.I.A.)  time series. Notice in May 2001 the crude component of a … Continue reading →

Posted in Cartoon of the Day, Commodities, Crude Oil | Tagged | 8 Comments

Cartoon of the Day

Posted on March 4, 2011 by macromon

We don’t believe this to be true and our friends in the Middle East and North Africa should not think it reflects America’s thinking,  but it’s worth a chuckle.   Hat tip Craig “Big B.”! (click here if ‘toon is not … Continue reading →

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CNBC Interviews Bridgewater’s Ray Dalio

Posted on March 3, 2011 by macromon

In case you missed it,  be sure to catch a rare television appearance with hedge fund legend,  Ray Dalio, who manages $89 BN,  more than 3x Yemen’s 2010 GDP.     Bridgewater has been trashed recently in several articles Click here … Continue reading →

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Presidential Line of Sucession – Geithner 5th in Line

Posted on March 3, 2011 by macromon

We were speaking with a friend the other day about Presidential succession and were surprised by our ignorance.  Here is some of our homework, which , if you don’t already know, is  great info to impress over cocktails and share … Continue reading →

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The Tax on Consumers of Higher Gas Prices

Posted on March 2, 2011 by macromon

We want to re-post our gas price sensitivity matrix, which illustrates how various prices will impact individual consumers given their average miles driven per day.  We had to make an assumption on the automobile’s gas mileage so we took the … Continue reading →

Posted in Crude Oil, Economics, Electric Vehicles | Tagged , , | 11 Comments

China’s Stamp Bubble

Posted on March 2, 2011 by macromon

Bubbles everywhere in Asia.   The FT’s beyondbrics blog writes, At an auction in Hong Kong this week, a rare block of four stamps from the Cultural Revolution sold for HK$8,970,000 (US$1.1m) – an all-time record for a Chinese stamp or … Continue reading →

Posted in China, Currency, Monetary Policy | Tagged , , | 2 Comments

Apple Faces Key Test w/ iPad2 Release

Posted on March 2, 2011 by macromon

We’re watching Apple very closely on the release of iPad2.  The chart below shows the stock is in a testing zone.  The recent high of $355.72 needs to be taken out on the release and/or the $341.13 50-day moving average … Continue reading →

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