Monthly Archives: March 2018

Living In Historical Rhymes

Posted on March 24, 2018 by macromon

Wow!  Just watched the October 16, 1987 Wall Street Week with Louis Rukeyser,which was the trading day eve (Friday night) before the Black Monday stock market crash.  Marty Zweig famously nailed it. The show ends with this eerily familiar exchange between … Continue reading →

Posted in China, Equities, Uncategorized | Tagged , , , | 7 Comments

Week In Review – March 23

Posted on March 24, 2018 by macromon

Third Test Of Lows Comng The Dow and S&P500 are on their way to a third test of Feb. 9th lows.  The S&P bounced slightly off the 200-day into the close on Friday.  Maybe a little more to the bounce … Continue reading →

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Global Risk Monitor – March 23

Posted on March 24, 2018 by macromon
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Mag Cover of the Day

Posted on March 24, 2018 by macromon

Facebook under fire, Stephanie Pomboy on the next crash, Shiller's new bond idea, and more: Here's our latest issue: pic.twitter.com/oblMTgA4bH — Barron's (@barronsonline) March 24, 2018

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Sector ETF Performance – March 23

Posted on March 23, 2018 by macromon
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EU unveils digital tax on tech giants – FT

Posted on March 22, 2018 by macromon

The European Commission has revealed its plan for a 3% tax on the revenues of big technology groups in response to pressure from EU governments, which want the likes of Google, Facebook and Amazon to start paying a fairer share … Continue reading →

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Send In The Neocons

Posted on March 22, 2018 by macromon

Not a surprise, but still troubling.  Totally inconsistent with President Trump’s view on the Iraq War. I am pleased to announce that, effective 4/9/18, @AmbJohnBolton will be my new National Security Advisor. I am very thankful for the service of … Continue reading →

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Mr. Market Weakens U.S. Negotiating Position With China

Posted on March 22, 2018 by macromon

Last week we were thinking about pulling together a post using game theory to predict the outcome of the Trump administration’s tariff announcement.   JP Morgan beat us to it, however. More interesting is the JPM quant’s assertion that Trump will … Continue reading →

Posted in China, Equities, Uncategorized | Tagged , , | 21 Comments

The Biggest Risk At The Fed

Posted on March 21, 2018 by macromon

It is FOMC day, and the committee just raised the Fed Funds rate another 25 bps. Well, actually, they increased the interest rate on excess reserves (IOER) by 25 bps to target a higher Fed Funds rate.   That is an additional … Continue reading →

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FOMC Dot Plot & Other Data – March 21

Posted on March 21, 2018 by macromon
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