Monthly Archives: July 2017

The New “Supply-Side Economics” Fueling Asset Bubbles

Posted on July 19, 2017 by macromon

No, we are not talking about President Reagan’s supply-side economics — policies to increase productivity with the goal of increasing long-term aggregate supply or output while simultaneously reducing inflation. We now have a new kind of supply-side economics, just the … Continue reading →

Posted in Uncategorized | 69 Comments

QOTD: Bad Politics And Immorality Of “Watch It Fail”

Posted on July 18, 2017 by macromon

Even conservatives are coming around to my ideas in the last post on health care. A “watch it fail” approach to Obamacare, when the crisis is real and the consequences for poor children are so enormous, is not just bad politics; … Continue reading →

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Economist Personality Traits

Posted on July 18, 2017 by macromon

Studies of personality traits common to various disciplines have discovered that economics, like engineering, tends to attract people with an unusually strong preference for order, and a distaste for ambiguity. – The Guardian

Posted in Economics, Economist, Uncategorized | Tagged , | 3 Comments

The Health Care Bill And The Fallacy Of 18% Of GDP

Posted on July 18, 2017 by macromon

The American political system may just be about to wake up and inching torward bipartisanship. The failure of the Republicans to “repeal and replace” Obamacare after seven years of pounding the table is a “big fail.” After controlling both houses … Continue reading →

Posted in Economics, Uncategorized | Tagged , , , | 1 Comment

QOTD: Jamie’s Rant

Posted on July 17, 2017 by macromon

“It’s almost an embarrassment being an American citizen travelling around the world and listening to the stupid shit we have to deal with in this country. And you know at one point we all have to get our act together … Continue reading →

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COTD: U.S. Shale Breakeven Oil Prices

Posted on July 17, 2017 by macromon

(COTD = Chart of the Day)                   Source:  World Bank-Global Monthly

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Market Liquidity Conditions Still Loose As A Goose

Posted on July 16, 2017 by macromon

Since the Fed began raising interest rates in December 2015,  financial market liquidity conditions have loosened considerably.   Recall our post,  Orwellian Monetary Policy,  which we wrote in May. “Tightening is Easing” Since U.S. monetary policy began tightening in December … Continue reading →

Posted in Algos, Monetary Policy, Uncategorized | Tagged , , | 17 Comments

Mexican Peso Recovers All Of Its Trump Losses, Then Some

Posted on July 15, 2017 by macromon

The Mexican peso,  after falling 18 percent against the dollar from the U.S. presidential election day to the day before the inauguration on January 19,  it has rallied almost 20 percent from its low, and is now up 15 percent … Continue reading →

Posted in Currency, Monetary Policy, Uncategorized | Tagged , , | 3 Comments

US Sector ETF Performance – July 14

Posted on July 15, 2017 by macromon
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Global Risk Monitor – July 14

Posted on July 15, 2017 by macromon

Click on table to enlarge and for better resolution

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