Monthly Archives: September 2012

In Case You Missed It…..

Posted on September 9, 2012 by macromon

On Friday, the S&P500 closed at its high of the day for the second consecutive day.  This two-day streak is relatively rare and has happened only fifteen times in the past twenty years (see table below). We are not certain … Continue reading →

Posted in Equities | Tagged , | 1 Comment

OECD’s Gurria on the ECB’s OMT

Posted on September 9, 2012 by macromon

Great France24 interview with Angel Gurria, Secretary General of the Organisation for Economic Co-operation (OECD).  Have a look it’s worth your time and offers good insight into EU policymaker thinking. Gurria is probably the world’s leading expert on sovereign debt issues.  … Continue reading →

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FOMC’s Hawks & Doves

Posted on September 9, 2012 by macromon

(click here if graphic is not observable)

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Week in Review

Posted on September 9, 2012 by macromon

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Global Trend Indicators

Posted on September 9, 2012 by macromon

(click here if tables are not observable)

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Uncorrelated Markets, NOT!

Posted on September 9, 2012 by macromon

Can’t you see the benefits of diversification with a basket of the S&P500 and the German DAX?  OK, maybe you get a currency hedge.  Stunning though how the global equity risk premium is, well, so global.   We believe the massive … Continue reading →

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A Microcosm of Japan’s Tough Future?

Posted on September 8, 2012 by macromon

Sorry to ruin your weekend with more dismal science,  but we thought this video is a reflection of the potential problems Japan is now facing.   If the city of Yubari is, indeed,  a glimpse of future Japan,  this may be … Continue reading →

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Tedtalks: The Informal/Underground Economy

Posted on September 8, 2012 by macromon

Fascinating lecture on the world’s informal/underground economy.  Thanks to Mark Perry at Daily Markets for bringing it to our attention. Robert Neuwirth spent four years among the chaotic stalls of street markets, talking to pushcart hawkers and gray marketers, to … Continue reading →

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Google Beats Apple in Race to the $700 Club

Posted on September 7, 2012 by macromon

Many were betting on the opposite, but Google crossed over $700 today, while Apple closed at $680.44, its an all-time closing high.    Google’s all-time high of $747.24 was made back on November 7, 2007 so no new $700 Club … Continue reading →

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Weekly Eurozone Watch: Comfortably Numb

Posted on September 7, 2012 by macromon

Key Data Points German 10-year Bund 18 bps higher; Italy 10-year 97 bps tighter to the Bund; Spain 141  bps tighter; Portugal 140 bps tighter; Ireland 50 bps tighter; Greece 197 bps tighter; Large Eurozone banks 5-15 percent higher; Euro$ … Continue reading →

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