Monthly Archives: November 2017

QOTD: President Trump, The Risk Taker?

Posted on November 8, 2017 by macromon

Context:  China’s Americanologists trying to understand President Trump’s North Korea policy : “There is a major debate in the US right now about whether the US president is really a risk taker or just playing a risk taker,” said Mr Harold. … Continue reading →

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Another Divergence That Makes Us Nervous

Posted on November 6, 2017 by macromon

Take a look at the divergence between the high-yield ETF (JNK) and the investment grade ETF (LQD).   This makes us a bit nervous – though no panic as JNK in only 1.28 percent off its high vs. the LQD, … Continue reading →

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There They Go Again: Dow Transports/Industrials Divergence

Posted on November 6, 2017 by macromon

The Dow Transports are selling off as the Industrials are making new highs.  That’s a no no in Dow Theory.   We pointed out a similar divergence on August 1st. Not as relevant as it used to be,  but something … Continue reading →

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Week In Review – November 3: Are Credit and EM Starting To Crack?

Posted on November 5, 2017 by macromon

  Global Stock Indices Turkey up Monday through Thursday but gave some back on bad inflation print Friday morning, which took the country’s 10-year rate up and currency down, bigly.   Turkey is one of the largest emerging markts.   Watch … Continue reading →

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QOTD: Liqudity

Posted on November 5, 2017 by macromon

“..liquidity is OK. But it may be more fragile, and more prone to disappearing in stress situations…There hasn’t been a liquidity-related incident that has had a significant effect on the real economy. That doesn’t mean it won’t happen.” – Jay … Continue reading →

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Sector ETF Performance – November 3

Posted on November 4, 2017 by macromon
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Global Risk Monitor – November 3

Posted on November 4, 2017 by macromon
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How to spot a financial crisis before it spots you – PunkFT

Posted on November 4, 2017 by macromon

Can we protect ourselves from the next banking meltdown? David McWilliams separates myth from reality to help identify a few rules of thumb. ► Subscribe to FT.com here: http://bit.ly/2r8RJzM

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Apple Beats – What Else Is New?

Posted on November 2, 2017 by macromon

Stunning revenue growth, 12 percent y/y, for an almost $900 billion market cap company.  Aren’t these big guys supposed to grow like… err, um…utilities? Services continue to rip, up 34 percent y/y, and now equivalent to almost 30 percent of revenues … Continue reading →

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