Monthly Archives: November 2011

It’s Beginning to Look A Lot Like…1971

Posted on November 30, 2011 by macromon

The Global Macro Monitor posted several pieces earlier in the year about the Presidential Stock Cycle.  See here, here, and here.   The third year of a first term President is the strongest year in the cycle.  The table illustrates … Continue reading →

Posted in Equities, Euro | Tagged , , , , | 3 Comments

NUTCRACKER!

Posted on November 30, 2011 by macromon

Wow!  That was some move. Take a look at FAZ, the triple short financial, down 17.5 percent on the day!  Every trader and their mother were getting long that after last night’s close on the S&P downgrade of the banks. … Continue reading →

Posted in Equities | Tagged , , | 1 Comment

Oats-Bunds Tighter

Posted on November 30, 2011 by macromon

In case you haven’t noticed the France 10-year bond spread over German 10-years has come in big over the past few weeks.  Granted some of it is attributed to the rise in German bond yields, but tighter, nonetheless. (click here … Continue reading →

Posted in Black Swan Watch, Dollar, Euro, Sovereign Debt, Sovereign Risk | Tagged , , | Leave a comment

Is this Gold’s Moment?

Posted on November 30, 2011 by macromon

China’s move on reserve requirement and the global central bank liquidity facility should give a power boost to gold, in our opinion.  This really smells like the global Cen Banks are going all, and we mean ALL IN.  In fact, … Continue reading →

Posted in Black Swan Watch, Gold, Sovereign Risk, State and Local Government | Tagged , , | 2 Comments

Patriotic Italians urged to buy bonds

Posted on November 28, 2011 by macromon

(click here if video is not observable)

Posted in Black Swan Watch, Currency, Euro, PIIGS, Sovereign Debt, Sovereign Risk | Tagged , , | Leave a comment

Good Day to Be Short the Shorts

Posted on November 28, 2011 by macromon

Today was a good day to be short the shorts —  long the most heavily shorted stocks.  Big move in First Solar, the most heavily shorted stock in the S&P500, up 10.52%   We have our doubts about this bounce.   If … Continue reading →

Posted in Equities | Tagged , , , | 1 Comment

Week in Review: Dollar Index Now Up for the Year

Posted on November 28, 2011 by macromon

(click here if charts are not observable)

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The Cult of Putin

Posted on November 27, 2011 by macromon

(click here if video is not observable)

Posted in BRICs, General Interest, Politics, Video | Tagged , | Leave a comment

Global Trend Indicators

Posted on November 27, 2011 by macromon

(click here if tables are not observable)

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Euro Fracture: It’s the Politics, Stupid!

Posted on November 27, 2011 by macromon

Politics has been and will be the constraint on the latest iteration of Bailout Europe 4.0.  We at the Global Macro Monitor really want to see Europe make it, for markets to rally, and for all to make money. But … Continue reading →

Posted in Black Swan Watch, Euro, PIIGS, Sovereign Debt, Sovereign Risk | Tagged , , | 3 Comments