Monthly Archives: November 2012

Cliff Diving – Day 10

Posted on November 23, 2012 by macromon

What fiscal cliff? The markets seem to have ignored it – the S&P500 has ramped over 65 points from last Friday’s low, albeit on very low volume.  Furthermore, Dan Clifton over at Strategas notes, Since the election, the number of … Continue reading →

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Weekly Eurozone Watch

Posted on November 23, 2012 by macromon

Key Data Points German 10-year Bund 10 bps higher; France 10-year 2 bps tighter to the Bund; Ireland 29 bps tighter; Italy  22 bps tighter; Spain 36 bps tighter; Portugal  98 bps tighter; Greece 110 bps tighter; Large Eurozone banks … Continue reading →

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Economist Special Report: France

Posted on November 22, 2012 by macromon

The video is a follow-up of  our post last week. France is slowly heading towards a crisis, says John Peet. Can the country be reformed before it is too late? (click here if video is not observable)

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Happy Franksgiving!

Posted on November 22, 2012 by macromon

We always thought Thanksgiving was celebrated on the last Thursday in November.  Didn’t President Lincoln proclaim it? By the President of the United States of America. A Proclamation. The year that is drawing towards its close, has been filled with … Continue reading →

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Nonlinear Thinking: Pass the Turkey Genome

Posted on November 21, 2012 by macromon

Interesting stuff(ing) from MIT’s Technology Review.   Seems we’re getting closing to a Barry Bonds of the Turkey World.  You think they will be admitted to the Hall of Game? When many Americans see that roasted turkey on Thanksgiving, it may … Continue reading →

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Thanksgiving Lecture: Daniel Kahneman

Posted on November 21, 2012 by macromon

This is a great lecture presented by Google Talks.  Grab a turkey sandwich and  have a listen.  It may help in understanding your biases and destructive tendencies in trading. Daniel Kahneman, recipient of the Nobel Prize in Economic Sciences for … Continue reading →

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China Flash Manufacturing PMI at 50.4, Thirteen-month High

Posted on November 21, 2012 by macromon

Markit reported this morning China’s manufacturing sector is expanding, just barely, for the first time in 13 months.  Ironically, all markets believe it x/ the Shanghai Composite, which made a new 3-year low yesterday. Commenting on the Flash China Manufacturing … Continue reading →

Posted in China, PMIs | 2 Comments

Cliff Diving – Day 8

Posted on November 21, 2012 by macromon

Watching paint dry!  Boring market. Equities moved a little higher on the back of the Israeli/Hamas cease-fire announcement.  It’s easy to get ground up trying to trade such a directionless market.   No volume, but, still, the market is holding its … Continue reading →

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Stratfor: Update on the Israeli-Hamas Conflict

Posted on November 21, 2012 by macromon

Here’s the LA Times on the cease-fire, CAIRO — Hamas and Israel agreed to a cease-fire that took effect Wednesday evening following a week of intense diplomacy to stop rocket fire and airstrikes that have pounded the Gaza Strip and … Continue reading →

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Negotiating the Fiscal Cliff w/ Infographics

Posted on November 21, 2012 by macromon

On Monday we noted the cheeky tweet sent out by House speaker,  John Boehner, asking where were the President’s spending cuts.   We just received this through a robo e-mail from Obama for America. We’re starting sense the Kumbaya good feelings … Continue reading →

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