Monthly Archives: January 2019

Fed Balance Sheet Run-Off Is Smaller Than Caps

Posted on January 6, 2019 by macromon

We’re not sure if we heard Chairman Powell clarify the total balance sheet run-off for 2019, which is important as the pundits are throwing around a number a $600 billion reduction.   Completely false. We project the total run-off in 2019 … Continue reading →

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How Paul Singer Made His Billions – Bloomberg

Posted on January 6, 2019 by macromon

Aggressive, tenacious and litigious Paul Singer may be the most feared investor in the world — by hedge fund rivals, companies and even countries. This is how he made billions through activist investing. – Bloomberg

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Zero Credibility Government

Posted on January 6, 2019 by macromon

Listen to this nonsense.  Sarah gets a Fox News Facial.  Just the facts, ma’am. What a friggin’ joke. "I studied up on this": @FoxNewsSunday fact checks @PressSec on terrorism and border security: pic.twitter.com/2j1edlDbsx — Matt Shuham (@mattshuham) January 6, 2019 … Continue reading →

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Week In Review – January 4

Posted on January 6, 2019 by macromon

Summary What a week to start the year. U.S. stocks trading like an emerging market Big money flows into emerging markets, particularly big Latins.  Look at move yields and currency U.S. bond yields spiked on Friday as stock shorts, as … Continue reading →

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2019’s Five Most Mispriced Tail Events

Posted on January 6, 2019 by macromon

  Trump Leaves Office By Year-End There is only one thing Trump likes more than power – money.  As his legal troubles grow exponentially in 2019, the president has an epiphany that he could lose all his wealth.  He cuts … Continue reading →

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Global Risk Monitor – January 4

Posted on January 5, 2019 by macromon
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Sector ETF Performance – January 4

Posted on January 5, 2019 by macromon

 

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Ten Good Weekend Reads – January 4

Posted on January 4, 2019 by macromon

Major themes set to shape markets in 2019 – FT Five Doom Loops to Navigate in 2019 – Bloomberg As China Talks Begin, Trump’s Trade Negotiator Tries to Keep President From Wavering – NY Times Japan in 2019: 10 surprises … Continue reading →

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Yield Spike

Posted on January 4, 2019 by macromon

We highlighted the potential risk in our post yesterday, Druckenmiller On Bonds If you listened to the Druckenmiller interview we posted on New Year’s Day,  he thrives in bear markets, not by shorting stocks but being long bonds.  Shorting stocks … Continue reading →

Posted in Bonds, Interest Rates, Uncategorized | Tagged , , | 11 Comments

Opening China Shanghai ETF Trade

Posted on January 4, 2019 by macromon

Taking some ASHR, the Xtrackers Harvest CSI 300 China A ETF at $22.20 for a short-term trade going into next week’s trade negotiations.  Our sense is Trump and Xi are under enormous pressure to generate a positive outcome, or at … Continue reading →

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