Monthly Archives: June 2018

What We’ve Got Here Is Failure To Communicate

Posted on June 26, 2018 by macromon

  One of the all-time great lines in cinema history. FiveThirtyEight out with an excellent piece on how the political party is now the defining divide in America, and how each misperceive the other.   That is how wars start! The defining … Continue reading →

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

Swan Lake – June 26

Posted on June 26, 2018 by macromon

The Global Macro Monitor defines “macro swan” as any global macroeconomic or financial event with the capacity to spill over into world markets causing risk aversion and lower asset prices.  – GMM The fish weren’t biting on Swan Lake today.   The … Continue reading →

Posted in Black Swan Watch, Uncategorized | Tagged , , , | Leave a comment

Shorts Finally Get Some Love

Posted on June 25, 2018 by macromon

Isn’t it obvious these guys were short FANG today? The Senegal warm-up is even better with Ducktales music. pic.twitter.com/4VvyxeyOC4 — Kristian (@vonstrenginho) June 25, 2018  

Posted in Sports, Uncategorized | Tagged , | Leave a comment

Asset Prices Divorced From Economic Reality More Than Ever

Posted on June 25, 2018 by macromon

You would never know it listening to the market cheerleaders but asset prices, both real and financial, are, once again, at extreme valuation levels relative to the trend economy.  The valuation reality coupled with the prevailing, but false, “don’t worry” … Continue reading →

Posted in Economics, Equity, Uncategorized | Tagged , , | 34 Comments

Swan Lake – June 25

Posted on June 25, 2018 by macromon

The Global Macro Monitor defines “macro swan” as any global macroeconomic or financial event with the capacity to spill over into world markets causing risk aversion and lower asset prices.  – GMM The Swans were mixed today as the real action … Continue reading →

Posted in Black Swan Watch, Trade War, Uncategorized | Tagged , | Leave a comment

Enough Of This Racist Nonsense!

Posted on June 24, 2018 by macromon

We are reposting a piece we wrote two-years ago. Ironically, when we were back on the east coast in August 2018, we told one of our friends Trump’s racist dog whitles and blatent rasicm would lead to riots in the … Continue reading →

Posted in Immigration, Uncategorized | Tagged , | 16 Comments

Chain Ganging The Supply Chain With Tariffs

Posted on June 24, 2018 by macromon

Disaster looms.  

Posted in Trade War, Uncategorized | Tagged , | 7 Comments

America Set To Learn Hard Truth About “Free Trade”

Posted on June 24, 2018 by macromon

Good piece in Washington Post on the first U.S. casualties of a trade war with China.   You can see it in the charts China has targeted its retaliatory tariffs to hit Trump where it hurts.   While the largest urban … Continue reading →

Posted in Uncategorized | Leave a comment

Best Clutch Goal Of World Cup, So Far

Posted on June 24, 2018 by macromon

What a great match between Germany and Sweden yesterday.  The Germans won it in last minute with this goal.  Super entertaining!  https://twitter.com/worIdcupfan/status/1010616734561300481

Posted in Sports, Uncategorized | Tagged , , | Leave a comment

Week In Review – June 22

Posted on June 24, 2018 by macromon

Summary The S&P500 is trying to establish a new trading range above past resistance at 2742, the .618 Fibonacci retracement level of the current correction. It held last week.  Watch that critical level for support Bond markets remained volatile but … Continue reading →

Posted in Uncategorized | Leave a comment