Monthly Archives: June 2018

What We’ve Got Here Is Failure To Communicate

  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

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Swan Lake – June 26

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

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Shorts Finally Get Some Love

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  

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Asset Prices Divorced From Economic Reality More Than Ever

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

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

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Enough Of This Racist Nonsense!

We try to remain nonpartisan at the Global Macro Monitor,  have no problem taking shots at both parties, and, personally, are comfortable splitting tickets on an election ballot.  However, this tweet from Mike Huckabee strikes a deep nerve in us … Continue reading

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Chain Ganging The Supply Chain With Tariffs

Disaster looms.  

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

America Set To Learn Hard Truth About “Free Trade”

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

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Best Clutch Goal Of World Cup, So Far

What a great match between Germany and Sweden yesterday.  The Germans won it in last minute with this goal.  Super entertaining!  The best thing you’ll watch all day! pic.twitter.com/pxxKJ1L9CP — FIFA World Cup (@worIdcupfan) June 23, 2018

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Week In Review – June 22

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

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