Monthly Archives: August 2012

The Golden Bernanke

Posted on August 31, 2012 by macromon

We asked yesterday, albeit somewhat jokingly, what market needed to “see the money” the most.   Stocks, bonds, or gold? Mr. Market has spoken.  The initial pop in stocks has faded with notable weakness in Apple, yet gold is holding its … Continue reading →

Posted in Gold | Tagged , , | 2 Comments

Weekly Eurozone Watch

Posted on August 31, 2012 by macromon

Key Data Points German 10-year Bund 2 bps lower; Italy 10-year 15 bps wider to the Bund; Spain 46  bps wider; Portugal 7 bps tighter; Greece 54 bps tighter; Large Eurozone banks higher; Euro$ up 0.31 percent. Commentary Prime Minister … Continue reading →

Posted in Weekly Eurozone Watch | Tagged , , , , , , | 1 Comment

The Market’s “Jerry Maguire” Moment

Posted on August 30, 2012 by macromon

How can we pass on posting one of the funniest scenes in movie history,  which is an almost perfect allegory of where markets stand today? We will let you decide if Ben Bernanke or Mario Draghi is the real Jerry … Continue reading →

Posted in Monetary Policy | Tagged , , , , | 1 Comment

Nonlinear Thinking: 3D-Printed Baseball Bat

Posted on August 30, 2012 by macromon

We’ve posted several pieces about how 3D printing is going to revolutionize manufacturing and impact international trade flows (click here, here, and here) .   Imagine your local WalMart with several of these printers on site producing much of their own … Continue reading →

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Picture of the Day: Technical Analysis

Posted on August 29, 2012 by macromon

Boring market.  Let’s have some fun. It is said that if you stare at the clouds long enough you can see any pattern you want to see.    So it is with potato chips — who can forget this classic episode … Continue reading →

Posted in Technical Analysis | Tagged , , | 1 Comment

James Grant on Markets, Fed Policy, Gold Standard

Posted on August 29, 2012 by macromon

Bloomberg’s Tom Keene interviews Jim Grant.  Always worth a listen, especially with the gold standard back into the news.  He also takes a swipe at the Swiss National Banks.  Good stuff. We need a central bank that has the humility … Continue reading →

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Why Gold Is Money

Posted on August 28, 2012 by macromon

Planet Money of NPR and its chemist explains why the some Repubs are not pushing for a “lithium standard.”   This piece originally aired last November. (click here if video is not observable)

Posted in Gold | Tagged , , | 1 Comment

Sweet & Sour Channel Stuffing and the Shanghai Swan Dive

Posted on August 27, 2012 by macromon

The news out China seems to be getting worse. Last week the NY Times reported about China’s huge inventory build of unsold goods, GUANGZHOU, China — After three decades of torrid growth, China is encountering an unfamiliar problem with its … Continue reading →

Posted in Black Swan Watch, China, ECB | Tagged , , , | 5 Comments

Is Apple’s Patent Victory Enough to Push Stock to $700?

Posted on August 26, 2012 by macromon

Here’s a couple of interesting takes on Apple’s victory over Samsung in the patent infringement lawsuit, which was announced after the market close on Friday.   Though an interesting perspective, Al Jazeera’s piece (bottom) is a bit of a stretch, in … Continue reading →

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Week in Review

Posted on August 26, 2012 by macromon

(click here if charts are not observable)

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