Yearly Archives: 2018

Ugly Politics Puts U.S. Bull Market At Risk

Posted on January 29, 2018 by macromon

We often post political analysis but rarely stray into the crocodile-infested swamp of partisan politics. It is our duty to our readers from across a broad political spectrum to stay true to our mission to provide, mostly, positive economic, financial, … Continue reading →

Posted in Equity, Politics, Uncategorized | Tagged , , , , | 49 Comments

Watch This Space…

Posted on January 28, 2018 by macromon

Because the eurozone is where the big bond bubble lives. Though the euro periphery is now in Convergence 2.0 mode on hopes of eMac’s vision of a more integrated ‘zone, the German 10-year is at a critical level, and yields … Continue reading →

Posted in Bonds, Equities, German Bund, Uncategorized | Tagged , , | 11 Comments

Week In Review – January 26

Posted on January 28, 2018 by macromon

Summary The wealth effect – boosting consumption out of what is perceived as permanent wealth -seems to be kicking in.   Consumers are feeling flush with the humungo gains in stocks and housing over the past few years.  It also … Continue reading →

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Big Brother Alive And Well And Living In China (Must View)

Posted on January 28, 2018 by macromon

This clip from the BBC is incredible and very disconcerting. We suspect this technology, and the use thereof, is not just limited to China but ubiquitous throughout Western countries.   Double yikes! China has been building what it calls “the … Continue reading →

Posted in Algos, Automation, China, Technology, Uncategorized, Video | Tagged , , , , | Leave a comment

Sector ETF Performance – January 26

Posted on January 28, 2018 by macromon
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Global Risk Monitor – January 26

Posted on January 28, 2018 by macromon
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Top 10 Most Expensive and Cheapest Stock Markets

Posted on January 25, 2018 by macromon

  … look at the table ranking the top and bottom 10 countries by PE10 valuation. The bottom features a couple of usual suspects (Russia and Greece), although in the case of Greece you might argue that earnings are now … Continue reading →

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Why the dollar is weak – FT

Posted on January 25, 2018 by macromon

Authers dishes on the weak dollar. You know our suspicions (and just that – suspicions – as nobody really knows with certainty), which should negate some of this morning’s reversal on the president’s comments that sent shorts scrambling. Unless that … Continue reading →

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Rosie The Riveter Tweets A Red Flag

Posted on January 24, 2018 by macromon

Note the date of James Baker’s comment. January 24th, 2018: Steven Mnuchin to Davos: "A weaker dollar is good for us as it relates to trade and opportunities.” October 17th, 1987: James Baker to the Germans: "Either inflate your mark, … Continue reading →

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Dangerous Gambit Out Of Davos

Posted on January 24, 2018 by macromon

We woke to a comment out of Davos that surprised both us and the market. The U.S. Treasury Secretary, Steven Mnuchin, broke from tradition and welcomed a weaker dollar. “Obviously a weaker dollar is good for us as it relates … Continue reading →

Posted in Bonds, Dollar, Uncategorized | Tagged , , , , , | 14 Comments