Monthly Archives: December 2011

Now for Some Hope Before Christmas…

Posted on December 15, 2011 by macromon

OK.  We’ve posted some gloomy pieces tonight and can’t leave you without some Hope.  Take the 10 minutes and watch it.  It will make you thankful for the memories if you’re old enough and educate you about an American cultural … Continue reading →

Posted in General Interest | Tagged | 4 Comments

China’s Wukan Protests: This Time is Different

Posted on December 15, 2011 by macromon

As the world prepares to ring in the New Year, we read the headlines and watch the news and the words of W.B. Yeats keep ringing louder in our ear, Things fall apart; the centre cannot hold; Mere anarchy is … Continue reading →

Posted in Black Swan Watch, China | Tagged , | 7 Comments

Bubble Trouble in the U.S. Heartland?

Posted on December 15, 2011 by macromon

The “smart money” has been buying up farmland hand over fist for the past few years and you can see how they helped drive up land prices in the U.S. heartland.   Some think this is the place to be if … Continue reading →

Posted in Black Swan Watch, Commodities | Tagged , | 1 Comment

Post-Bubble Performance Comps of U.S. Financials and Techs

Posted on December 15, 2011 by macromon

The guys over at Bespoke put out a great piece today comparing the post-bubble performance of U.S. financials after the February 2007 top and the technology sector after the dot.com peak in March 2000.    They are tracking within one percent, … Continue reading →

Posted in Equities | Tagged , , | 3 Comments

Now for Some Good News…

Posted on December 14, 2011 by macromon

Here’s a little piece of good macro news.  The CRB Foodstuffs sub-index — hogs, steers, lard, butter, soybean oil, cocoa, corn, Kansas City wheat, Minneapolis wheat, and sugar — is down 18 percent from its April high.  Good news for … Continue reading →

Posted in Commodities | Tagged , , | 2 Comments

HSBC China Flash PMI Contracts At Slower Rate

Posted on December 14, 2011 by macromon

(click here if chart is not observable)

Posted in China | Tagged , | Leave a comment

Gold and Commodities Slammed

Posted on December 14, 2011 by macromon

Gold and other commodities got hammered.  It hasn’t been two weeks since we thought gold could move to new highs on the back of the announcement of coordinated global central bank support for Europe, which we believed would be followed … Continue reading →

Posted in Black Swan Watch, Commodities, Gold | Tagged , , | Leave a comment

I Wish I Was In Dixie

Posted on December 13, 2011 by macromon

The Dollar Index,  the “Dixie,” is breaking out and looks like it will slice through the next resistance level “like a hot knife through butter.”   For those interested,  click here for the song Dixie and here for its historic significance. … Continue reading →

Posted in Dollar | Tagged | 2 Comments

China’s Deflating and ‘Eerily Similar’ Housing Bubble

Posted on December 13, 2011 by macromon

Wow!  Check out this. In January we compared the U.S. and China stimulus, In the U.S., the central bank printed and created money through the expansion of its balance sheet.  In China, the government pressured the  banks to create money … Continue reading →

Posted in Black Swan Watch, China, Commodities, Credit, Sovereign Debt, Sovereign Risk | Tagged | 2 Comments

China’s Faces Manufacturing Downturn

Posted on December 13, 2011 by macromon

China’s manufacturing sector slowing down affecting thousands of factories already on the brink.   Export growth will slow to a two-year low of just 11 percent in November, well off the year’s peak of 38 percent.   Exports to the European Union, … Continue reading →

Posted in China, Sovereign Debt, Sovereign Risk | Tagged , , , | Leave a comment