Monthly Archives: September 2012

Quote of the Day: From Can Kicking to Ass Kicking

Posted on September 15, 2012 by macromon

Here’s then Fed Chairman, Alan Greenspan, speaking to the Economic Club of New York in 1997  during Asian Financial Crisis. This is when “can kicking” by Asian policymakers transitioned into “ass kicking” by the financial markets,  which will surely take … Continue reading →

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Weekend At The Movies: Arbitrage

Posted on September 14, 2012 by macromon

We’re off to see this tonight.    Have a great weekend. (click here if video is not observable)

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Rogue Trader Could Have Taken Down UBS

Posted on September 14, 2012 by macromon

Euronews.com reports, The prosecutor in the trial of UBS trader Kweku Adoboli has accused him of “naked gambling” with reckless, unauthorised investments that could have destroyed Switzerland’s biggest bank. (click here if video is not observable)

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Weekly Eurozone Watch: QE∞

Posted on September 14, 2012 by macromon

Key Data Points German 10-year Bund 19 bps higher; Italy 10-year 23 bps tighter to the Bund; Spain 3  bps tighter; Portugal 20 bps tighter; Ireland 54 bps tighter; Greece 102 bps tighter; Large Eurozone banks 3-20 percent higher; Euro$ … Continue reading →

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QE3 Will Complicate Global Food Crisis

Posted on September 13, 2012 by macromon

There is no doubt in our minds that some of the QE3 liquidity will leak into agricultural commodities.  In addition, a portfolio reallocation will take place as investors look to protect their purchasing power through buying finite “things.” This will … Continue reading →

Posted in Commodities, Demographics, Geopolitical, Inflation/Deflation, Monetary Policy, Video | Tagged , , | Leave a comment

The Dow Breakout

Posted on September 13, 2012 by macromon

The Dow has lagged the S&P500 and Nasdaq this year and may look to play some catch up.  Our friends over at trend-wise.com put together a nice chart here. (click here if chart is not observable)

Posted in Equities | Tagged , | 2 Comments

Swan Dive!

Posted on September 13, 2012 by macromon

The mutilation of savers and the working class continues.   QE3+ Fiscal Cliff =  More Jobs? The Nasdaq is up over 20 percent this year and we just got another monetary blast.  Who would of thunk it?  Think Kafka, folks. (click … Continue reading →

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Stratfor: Xi Jinping and China’s Politics

Posted on September 12, 2012 by macromon

(click here if video is not observable)

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Slowing global economy turns the heat up in China

Posted on September 10, 2012 by macromon

(click here if video is not observable)

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Apple Drags Down Equities

Posted on September 10, 2012 by macromon

Apple opened at another all-time this morning then proceeded to trade straight down closing at its low of the day.   It’s down another two bucks in after hours at around $660.  It looks like a test of $657.25 support is … Continue reading →

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