Monthly Archives: March 2019

Ten Plus Great Weekend Reads – March 8

Posted on March 8, 2019 by macromon

  Chinese stocks tumble as ECB and China data spark concerns – FT Why bulls on Wall Street are becoming an endangered species – FT Here’s why recent stock gains could be just a bear-market rally – MarketWatch Man credited … Continue reading →

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On This Day In History – March 8

Posted on March 8, 2019 by macromon

Birthdays 1702 Anne Bonny, Irish pirate (date of birth is approximate), born in Kinsale, Ireland (d. 1782) 1841 Oliver Wendell Holmes Jr, US 59th Supreme Court justice (1902-32), born in Boston, Massachusetts (d. 1935) 1936 Gabor Szabo (any relation to the great Wall Streeter, Andy … Continue reading →

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Jeremy Grantham: “This one [bubble]… a decline of a different nature”

Posted on March 7, 2019 by macromon

Great and super fascinating interview with investing legend, Jeremy Grantham, one of the best bubble spotters out there. “I arrived in 1964, and America was a fairly equal place with fairly rapid mobility between socioeconomic classes,” Grantham told CNBC’s Wilfred … Continue reading →

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Grab Your Popcorn – Chair Powell On 60 Minutes

Posted on March 7, 2019 by macromon

See press release here

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We Have Lift Off! (in the $)

Posted on March 7, 2019 by macromon

  Can’t believe that was fiddy years past.  Going to see the new Apollo 11 flick on Saturday with my 15-year old daughter, who wants to be an astrophysicist. Back to biz… The Dixie – “To the Moon, Alice” Another … Continue reading →

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QOTD: Artificial Intelligentsia

Posted on March 7, 2019 by macromon

QOTD = Quote of the Day Whoever becomes the leader in this sphere [A.I.] will become the ruler of the world – Vladimir Putin 

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On This Day In History – March 7

Posted on March 7, 2019 by macromon

Birthdays 148 Lucilla, Rome, Roman noblewoman (daughter of Marcus Aurelius and sister of Commodus) (between 148-150 AD), born in Rome 1849 Luther Burbank, American horticulturist who developed more than 800 strains and varieties of plants, born in Lancaster, Massachusetts (d. 1926) Events … Continue reading →

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QOTD: Baseball Inflation Or Relative Price Increase?

Posted on March 6, 2019 by macromon

QOTD = Quote of the Day “No one will ever be paid more than Ruth” – Ed Barrow, NY Yankee GM after signing the Babe to a 2-year $160K contract ($2.4 million in 2019 dollars),  circa March 1930  

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On This Day In History – March 6

Posted on March 6, 2019 by macromon

Birthdays 1475 Michelangelo, Italian sculptor, painter, architect and poet of the High Renaissance (David, Ceiling of the Sistine Chapel), born in Caprese, Tuscany (d. 1564) 1926 Alan Greenspan, American economist, presidential advisor and Chairman of the Federal Reserve of the United States (1987-2006), born in … Continue reading →

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Beware of Trannies That Lag

Posted on March 5, 2019 by macromon

Summary We construct a relative performance index (TRP) of the Dow Transports and Dow Industrials Index  In all three large and major 2018 sell-offs, the TRP signaled an impending correction 7-18 trading days before markets rolled over The TRP peaked … Continue reading →

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