Monthly Archives: July 2018

Charts That Count: Another China Crisis? – FT

Posted on July 19, 2018 by macromon

China’s currency has devalued sharply against the dollar in recent weeks. The last time China surprised the markets with a devaluation, in the summer of 2015, it prompted a global sell-off of risk assets. John Authers discusses why China’s currency … Continue reading →

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Is Trump Starting To Lean On The Fed Or Setting It Up?

Posted on July 19, 2018 by macromon

President Trump said in an interview with CNBC’s Joe Kernan this morning he “does not agree”, is not “thrilled” or “happy” with the FOMC’s interest rate hikes.  The full interview and transcripts will be available tomorrow. Click here for excerpt … Continue reading →

Posted in Fed, Uncategorized | Tagged , | 11 Comments

Pop Nails It!

Posted on July 18, 2018 by macromon

People like Pop, coach of the San Antonio Spurs, make America great.  Must view, folks! Gregg Popovich when asked about everything he's endured last season "When you say we've endured this is basketball, we're playing a child's game and getting … Continue reading →

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The Day “Strategic Ambiguity” Died

Posted on July 18, 2018 by macromon

The hits just keep on coming. There is a new sheriff in town, the old order is crumbling, and we are afraid the world is going to become much more unstable in the next few years.  Assets markets are incapable … Continue reading →

Posted in China, Geopolitical, Trade War, Uncategorized | Tagged , , | 36 Comments

Was Helsinki Trump’s “Jane Fonda” Moment?

Posted on July 17, 2018 by macromon

It has been over three years since President Trump first launched his successful campaign for the highest office in the land. The then unconventional candidate, and now president: has broken almost every rule in the political playbook; is a walking … Continue reading →

Posted in Geopolitical, Politics, Uncategorized | Tagged , , , | 12 Comments

Why Markets Believe Fat Tails Are Fairy Tales

Posted on July 16, 2018 by macromon

Insana nails it. It is also called denial or the inability to distinguish between cyclical issues versus structural shifts, for example.   Such as using monetary policy to deal with demographic issues.   Stabilization policies or structural reform?   Call in the IMF … Continue reading →

Posted in Demographics, Uncategorized | Tagged , | 1 Comment

Netflix Swan Dives After 1 Million Membership Miss

Posted on July 16, 2018 by macromon

July 16, 2018 Fellow shareholders, We had a strong but not stellar Q2, ending with 130 million memberships. Membership growth was 5.2m, the same as Q2 last year, but lower than our 6.2m forecast.   –  Netflix Investor Relations Down 14 percent … Continue reading →

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12 Ways To Make You Smarter

Posted on July 16, 2018 by macromon

    Source:  WEF

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QOTD: The Good Ol’ Daze

Posted on July 16, 2018 by macromon

Whether the problem is rising inequality, economic stagnation, or technological disruption, nostalgia offers relief from socioeconomic angst. But far from being innocuous, infatuation with a mythicized past is shaping our politics in dangerous ways, not least by creating fertile ground for jingoistic leaders … Continue reading →

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Week In Review – July 13

Posted on July 15, 2018 by macromon

Summary Italy and euro periphery continue to stabilize Turkey 10-year rates still blowing out, up almost 600 bps YTD U.S. corporate credit spreads tighter on the week Argentina IMF program starting to take hold as currency 6 percent stronger in … Continue reading →

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