Yearly Archives: 2018

Just Another Manic Monday

Posted on August 6, 2018 by macromon

Love the Bengles! When you realize tomorrow is Monday… pic.twitter.com/1qSlHUkDXz — PEANUTS (@Snoopy) August 5, 2018

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The Blowback Begins: Ohio Farmer Vents On Trade War

Posted on August 5, 2018 by macromon

Hope you all take the time to read this piece by an Ohio soybean farmer caught up in Trump’s trade wars. Tariffs hurt the many and help the few.  The “tyranny of the minority,” if you will, and that is … Continue reading →

Posted in Agriculture, Trade War, Uncategorized | Tagged , , , | 35 Comments

Contrarian Crush & Why LT Rates Are Going Much Higher

Posted on August 5, 2018 by macromon

This Bloomberg  piece was published before Facebook blew up but still you get the drift.  Betting against the crowd has been a disaster recently.   It always is until it isn’t. In the past year, a contrarian portfolio that invests in … Continue reading →

Posted in Black Swan Watch, Bonds, Equities, Uncategorized | Tagged , , , | 2 Comments

Week In Review – August 3

Posted on August 5, 2018 by macromon

Summary Turkey still getting hammered across the board, and now in a pissing match with the U.S. over the detention of Pastor Andrew Brunson The Italian Treasury was in supporting its bond market after a sharp sell-off over budget fears The dollar … Continue reading →

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Sector ETF Performance – August 3

Posted on August 5, 2018 by macromon
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Global Risk Monitor – August 3

Posted on August 4, 2018 by macromon
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Political Economy Of The July Employment Report

Posted on August 3, 2018 by macromon

It is 94 days and 10 hours until the November 6th midterm election, which will determine the fate of the Trump presidency.  All things are now political, including, and, most notable, today’s nonfarm payrolls report. We did an in-depth analysis … Continue reading →

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‘Toon of the Day: Stock Buybacks

Posted on August 2, 2018 by macromon

Source:   New Yorker Tell us it ain’t so, Forbes, the bastion of capitalism and Wall Street.   Using such words as  “global political or financial cataclysm”  to warn us about the consequences of stock buybacks?   Double Yikes! The decades-long diversion of business … Continue reading →

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Inflation Drives Apple Market Cap To One Trillion Dollars

Posted on August 2, 2018 by macromon

1012 Apple’s market cap hit 1012 dollars today. Impressive but no pom-poms here at Global Macro Monitor.  We would be more impressed if Apple’s main businesses were doing better and the company was more focused on electrical engineering rather than … Continue reading →

Posted in Apple, Inflation/Deflation, Innovation, Uncategorized | Tagged , , , | 18 Comments

The Streak

Posted on July 31, 2018 by macromon

In case you missed Charlie B.’s excellent table from yesterday, which illustrates the S&P500 has not closed below its 200-day moving average in 526 days, here you go. Stunning, especially given Joltin’ Joe’s hitting streak lasted 526 consecutive games.  Coincidence?   You … Continue reading →

Posted in Equities, Uncategorized | Tagged , | 11 Comments