Monthly Archives: July 2012

Revolutionary Cycles and the History of Financial Bubbles

Posted on July 21, 2012 by macromon

Are we on the verge of a “Golden Age of Global Sustainability”?   Interesting thesis ala Kondratieff waves by the neo-Schumpeterian,  Carlota Perez-Perez.   Have a Listen. (click here if video is not observable)

Posted in Black Swan Watch, Economics, General Interest | Tagged , , | 1 Comment

Interactive Marketing Gone Wild

Posted on July 20, 2012 by macromon

We’ve noted the new trend in  interactive marketing as companies attempt to connect with their customers and make them feel part of “process.”   This is from last December’s Nike earnings conference call, Social networking and digital communication is helping us … Continue reading →

Posted in General Interest | Tagged , , , | Leave a comment

Weekly Eurozone Week: Pain in Spain

Posted on July 20, 2012 by macromon

Key Data Points German 10-year bund 9 bps lower; Italy 20 wider; Spain 70 wider; Large banks down 3-10 percent; Euro falls 0.6 percent. (click here if charts are not observable)

Posted in Weekly Eurozone Watch | Tagged , , , , | Leave a comment

Elevator Shaft Stocks

Posted on July 20, 2012 by macromon

Chipotle Mexican Grill (CMG) is swan diving down the elevator shaft this morning, falling over 20 percent from yesterday’s close.   This stock was a darling of the momo crowd and with a P/E over 40 was priced for perfection with … Continue reading →

Posted in Earnings, Equities | Tagged , | Leave a comment

Stratfor: Europe’s Contradictory Answers to its Crisis

Posted on July 20, 2012 by macromon

(click here if video is not observable)

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

Quote of the Day: Parallel Universes

Posted on July 19, 2012 by macromon

After all the chat about conditions and how difficult this golf course is and how much rain and wind is there going to be, it was kind of weird standing in a shirt sleeves on the 9th tee looking at … Continue reading →

Posted in Quote of the Day, Quotes | Tagged , , , | 1 Comment

Why Are Equities So Bid?

Posted on July 19, 2012 by macromon

U.S. retail sales fall for the three consecutive months.  Chairman Bernanke disappoints the easy money crowd during his Congressional testimony.   Weekly jobless claims come in much higher than expected. Companies miss big on the top line yet their stocks move … Continue reading →

Posted in Equities | Tagged , , | 15 Comments

Surprising Strength

Posted on July 17, 2012 by macromon

You have to respect the price action in U.S. equities.  The S&P500 closed above its 100-day moving average and the key fibonacci level of 1358. No QE today and stocks trading up after missing earnings?  What gives? Just doesn’t seem … Continue reading →

Posted in Earnings, Equities | Tagged , | 1 Comment

Europe’s Escalating Cycle of Turmoil

Posted on July 16, 2012 by macromon

Great graphic from the IMF,  which nails the policy paralysis in the Eurozone.   Similar, but more rigorous, to the “meet and discuss” cycle  we wrote about last December, Their modus operendi seems to be: meet and discuss, wait for a … Continue reading →

Posted in ECB, Euro, Eurozone Sovereign Spreads, Sovereign Debt, Sovereign Risk | Tagged , , , | 2 Comments

Slowdown of a Slow Global Economy

Posted on July 16, 2012 by macromon

Markets bettin’ on mo’ stim‘… (click here if video is not observable)

Posted in Economics | Tagged , | 1 Comment