Monthly Archives: February 2013

Stratfor: Global Effects of China’s Real Estate Lending

Posted on February 19, 2013 by macromon

You think housing is an important sector in the U.S.? Stratfor reports real estate accounts for 14% of China’s GDP and housing construction is the source of 48% of the country’s steel consumption. Stratfor East Asia analyst John Minnich examines … Continue reading →

Posted in China, Housing | Tagged , , , | 3 Comments

Chart of the Day: Components of the Gas Price

Posted on February 19, 2013 by macromon

(click here if chart graphic is not observable)

Posted in Currency, Energy | Tagged , , , | 8 Comments

Daily Interest Rate Monitor – February 19

Posted on February 19, 2013 by macromon

(click here if table is not observable)

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Gas expenditures as % income at 30-year high

Posted on February 19, 2013 by macromon

Paid over $4.00 a gallon this weekend.  This high this early in the year brings the gas price back on the macro radar screen. The EIA notes, Gasoline expenditures in 2012 for the average U.S. household reached $2,912, or just … Continue reading →

Posted in Crude Oil, Energy | Tagged , , | 3 Comments

Stanley Fischer to Replace Bernanke?

Posted on February 18, 2013 by macromon

The Washington Post thinks it is a possibility. Dylan Matthews’ excellent piece — run don’t walk to read — speculates on the  former:  1) MIT/University of Chicago professor;  2)  Ben Bernanke Ph.D. adviser;  2)  World Bank chief economist;  3)  IMF … Continue reading →

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

Daily Interest Rate Monitor – February 18

Posted on February 18, 2013 by macromon

(click here if table is not observable)

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Seven common words coined by American Presidents

Posted on February 18, 2013 by macromon

Source:  Dictionary.com Moment George Washington Early America was a hotbed of political discussion–and neologisms. In 1781, George Washington wrote about the early formation of the United States, “The present temper of the states is friendly to the establishment of a … Continue reading →

Posted in General Interest, Politics | Tagged , | 1 Comment

Beggar Thy Neighbor’s Stock Market

Posted on February 17, 2013 by macromon

Interesting chart which we suspected and all knew that, thus far, the 2013 macro equity trade x/ U.S. has been to be long those markets where the home currency is weakening against the dollar.  The red regression line illustrates this … Continue reading →

Posted in Equities, Monetary Policy | Tagged , , , , , | 2 Comments

Overbought and Oversold Markets – February 15

Posted on February 16, 2013 by macromon

The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price moves. The RSI moves between zero and 100 and is considered overbought with a reading above 70 and oversold when below 30.  Note … Continue reading →

Posted in Overbought Markets | Tagged , , , | 3 Comments

Global Trend Indicators

Posted on February 16, 2013 by macromon

(click here if tables are not observable)

Posted in Global Trend Indicators | Tagged , , , , , , , , | 2 Comments