Monthly Archives: June 2018

Nonlinear Thinking: The Robots Are Here

Posted on June 14, 2018 by macromon

Stunning… JD.com, a Chinese e-commerce gargantuan, has built a big new Shanghai fulfillment center that can organize, pack and ship 200,000 orders a day. It employs four people — all of whom service the robots. What’s going on: Welcome to … Continue reading →

Posted in China, Jobs, Uncategorized | Tagged , , , , | 3 Comments

COTD: World Cup & Stock Trading Volume

Posted on June 14, 2018 by macromon

Hat Tip: @T_Mason_H (COTD = Chart of the Day)

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ECB to end stimulus programme later this year

Posted on June 14, 2018 by macromon

ECB President Mario Draghi admitted the eurozone recovery has slowed and kept record low interest rates unchanged… READ MORE : http://www.euronews.com/2018/06/14/ec…

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Swan Lake – June 14

Posted on June 14, 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 Euro periphery continued to rebound.  The big news … Continue reading →

Posted in Black Swan Watch, Uncategorized | Tagged , | 1 Comment

‘toon of the Day: Tutor In Chief

Posted on June 14, 2018 by macromon

https://twitter.com/markdistef/status/1006950084423110658?s=21

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TOTD: Derivatives Per Capita

Posted on June 14, 2018 by macromon

Deutsche Bank has lost 80% of its value in five years. Fortunately, it is a regional bank–focusing on the orb we call Earth–and only have $50 trillion in derivatives–$50,000 for every man, woman, and child on that orb. No problem: … Continue reading →

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Europe’s Wage Inequality Wedge: a crash course

Posted on June 13, 2018 by macromon
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Swan Lake – June 13

Posted on June 13, 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 Euro swans continue to stabilize.   Barry Eichengreen out … Continue reading →

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S&P Hesitates At Key Level

Posted on June 12, 2018 by macromon

The S&P500 looks hesitant to take out the key  .764 Fibonacci retracement level at 2792.59 before the Fed and ECB announcements.  Note the back-to-back Doji candlesticks. When and if the swing high of the correction at 2801.90 clears, the technical … Continue reading →

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The Bund With A Draghi Tattoo

Posted on June 12, 2018 by macromon

The consequences for global markets of an end to ECB QE will be much bigger than those associated with the end of the Fed’s QE –  Guillermo Tolosa, Oxford Economics Huge ECB meeting on Thursday.   Will Mario Draghi announce a path to normalize monetary … Continue reading →

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