Monthly Archives: December 2012

Repressed Fear

Posted on December 19, 2012 by macromon

This nice chart comes to us from the  Leuthold Group via Bloomberg.   It illustrates that market fear or risk aversion is at its lowest levels since the 1980’s!  Yikes! The Leuthold Group constructs their Risk Aversion Index (RAI) with a … Continue reading →

Posted in Equities, Fiscal Cliff Monitor, Fiscal Policy, Monetary Policy | Tagged , | 1 Comment

Bank of Japan Eases

Posted on December 19, 2012 by macromon

Bank of Japan announced this morning it would increase its Asset Purchase Program by 10 trillion yen, from 91 trillion to 101 trillion yen. They split evenly, buying 5 trillion in T-Bills and 5 trillion in JGBs.  The Bank released … Continue reading →

Posted in Japan, Monetary Policy | Tagged , , | 3 Comments

Stratfor: Cuba’s Geographic Challenge

Posted on December 19, 2012 by macromon

Stratfor discusses the strategic importance of Cuba in the Western Hemisphere and how the island’s proximity to the United States is its greatest geographic challenge. For more analysis, visit: http://www.Stratfor.com (click here if video is not observable)

Posted in Geopolitical | Tagged , | 1 Comment

Angry Washington Elves Take Down Market, VIX spikes

Posted on December 19, 2012 by macromon

He’s an angry elf. – Buddy,  Elf Leave it to the politicos.   They were the windshield,  we, the bug today. Doesn’t seem like they are gonna move and get it done. The VIX was up almost 12 percent today, the … Continue reading →

Posted in Fiscal Cliff Monitor, Fiscal Policy | Tagged , | Leave a comment

South Korea Elects First Woman President

Posted on December 19, 2012 by macromon

http://www.euronews.com/ South Korea has its first ever woman in the top job. The electoral commission has confirmed that the conservative Park Geun-hye has won the presidential election. The 60-year-old will return to the presidential palace in Seoul where she was … Continue reading →

Posted in Geopolitical, Politics | Tagged , , | Leave a comment

‘Twas The Week Before Christmas

Posted on December 18, 2012 by macromon

Santa Baby! Less than thirty points to a new post crash high for the S&P500.  Stocks are getting a little giddy, but other markets are confirming the rally, however. Safe havens — bonds and gold — are moving lower.  Global … Continue reading →

Posted in Equities, Technical Analysis | Tagged , , , , | 2 Comments

The Collaspe In Cosmic GDP

Posted on December 18, 2012 by macromon

Wow! Peak oil.  Peak food production.  Now (11 billion years ago) peak star production. The Royal Astronomical Society writes, ‘Cosmic GDP’ crashes 97% as star formation slumps While parts of the world experience economic hardship, a team of Portuguese, UK, … Continue reading →

Posted in Black Swan Watch, Chart of the Day, General Interest | Tagged , , | 1 Comment

Washington Post: Fiscal Cliff Deal Near?

Posted on December 17, 2012 by macromon

Post reporter Paul Kane on the latest developments in the talks between House Speaker Boehner and President Obama and if a deal looks likely this week. (click here if video is not observable)

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‘Toon of the Day: Santa Cometh?

Posted on December 17, 2012 by macromon

(click here if cartoon is not observable)

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Stratfor: Japan and Korea Elections

Posted on December 17, 2012 by macromon

Stratfor’s Vice President of East Asia Analysis Rodger Baker discusses the elections in Japan and South Korea and how the countries’ national interests could complicate U.S. efforts to shape its security policy in Northeast Asia. For more analysis, visit: http://www.Stratfor.com … Continue reading →

Posted in Japan, Politics | Tagged , , , | 1 Comment