Yearly Archives: 2018

Mag Cover of the Day

Posted on March 24, 2018 by macromon

Facebook under fire, Stephanie Pomboy on the next crash, Shiller's new bond idea, and more: Here's our latest issue: pic.twitter.com/oblMTgA4bH — Barron's (@barronsonline) March 24, 2018

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Sector ETF Performance – March 23

Posted on March 23, 2018 by macromon
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EU unveils digital tax on tech giants – FT

Posted on March 22, 2018 by macromon

The European Commission has revealed its plan for a 3% tax on the revenues of big technology groups in response to pressure from EU governments, which want the likes of Google, Facebook and Amazon to start paying a fairer share … Continue reading →

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Send In The Neocons

Posted on March 22, 2018 by macromon

Not a surprise, but still troubling.  Totally inconsistent with President Trump’s view on the Iraq War. I am pleased to announce that, effective 4/9/18, @AmbJohnBolton will be my new National Security Advisor. I am very thankful for the service of … Continue reading →

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Mr. Market Weakens U.S. Negotiating Position With China

Posted on March 22, 2018 by macromon

Last week we were thinking about pulling together a post using game theory to predict the outcome of the Trump administration’s tariff announcement.   JP Morgan beat us to it, however. More interesting is the JPM quant’s assertion that Trump will … Continue reading →

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The Biggest Risk At The Fed

Posted on March 21, 2018 by macromon

It is FOMC day, and the committee just raised the Fed Funds rate another 25 bps. Well, actually, they increased the interest rate on excess reserves (IOER) by 25 bps to target a higher Fed Funds rate.   That is an additional … Continue reading →

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FOMC Dot Plot & Other Data – March 21

Posted on March 21, 2018 by macromon
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Federal Reserve issues FOMC statement – March 21

Posted on March 21, 2018 by macromon

March 21, 2018 Federal Reserve issues FOMC statement For release at 2:00 p.m. EDT Information received since the Federal Open Market Committee met in January indicates that the labor market has continued to strengthen and that economic activity has been … Continue reading →

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Jack Ma: KFC Reject to Asia’s Richest Man – Bloomberg

Posted on March 21, 2018 by macromon

Great story. Jack Ma wasn’t born rich but now he is the richest man in Asia. This Bloomberg profile tells the story of how Ma started as a poor kid in China’s countryside, learned English, got rejected from a job … Continue reading →

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Market Digits You Need To Know…

Posted on March 19, 2018 by macromon

Running out to passport office and we will be out a few days.  Here are the market data you need to know: Recovery faltering… S&P held 100-day moving average and closed above 50% key fibo today.  Put down today’s low … Continue reading →

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