Monthly Archives: March 2012

Nonlinear Thinking: Printing Muscle

Posted on March 2, 2012 by macromon

If this doesn’t blow your mind,  nuttin’ will. Technology Review writes, In a small clean room tucked into the back of San Diego–based startup Organovo, Chirag Khatiwala is building a thin layer of human skeletal muscle. He inserts a cartridge … Continue reading →

Posted in Nonlinear Thinking | Tagged , , | 3 Comments

Korea PMI Expands After 7-Month Contraction

Posted on March 2, 2012 by macromon

From Markit, Commenting on the South Korea Manufacturing PMI® survey, Ronald Man, Economist at HSBC in Asia said: “At last, manufacturing conditions in Korea have improved. More importantly for policy makers, new orders have picked up, which suggests that demand … Continue reading →

Posted in Economics, Manufacturing | Tagged , , | Leave a comment

Global PMI Little Changed @ 51.1, Costs Accelerate

Posted on March 2, 2012 by macromon

From today’s Markit release, The JPMorgan Global Manufacturing PMI™ broadly held its ground at 51.1 in February, little-changed from 51.3 in January, to signal an improvement in operating conditions for the third straight month. Levels of output, new orders and … Continue reading →

Posted in Economics, Manufacturing | Tagged , , | Leave a comment

Chart Trioka

Posted on March 1, 2012 by macromon

We’re keeping these three charts on our radar over the next year. With a heavily spiked punch bowl,  we suspect U.S. monetary policymakers will be a little nervous if they start to see bank credit accelerate and a rapid expansion … Continue reading →

Posted in Economics, Inflation/Deflation, Monetary Policy | Tagged , , , | Leave a comment

Is the Correction Camp Too Crowded?

Posted on March 1, 2012 by macromon

We posted yesterday that the S&P500 was set up for a pullback after carving out an outside day (higher high and lower low than previous day) at strong resistance and looked for follow through selling today.   Didn’t happen. In fact, … Continue reading →

Posted in Charts, Equities | Tagged , , , | 4 Comments

EU leaders seek austerity growth balance

Posted on March 1, 2012 by macromon

(click here if video is not observable)

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

Fed’s “Rent Control” Policies Starting to Distort

Posted on March 1, 2012 by macromon

We’ve posted many pieces (see here,  here and here) on how the Fed’s manipulation of the yield curve through QE and Operation Twist is distorting long-term interest rates — the most important price in the world, in our opinion — … Continue reading →

Posted in Black Swan Watch, Bonds, Sovereign Debt, Sovereign Risk | 14 Comments