Monthly Archives: April 2019

BFTP: How Sustainable Is Earnings Growth?

Posted on April 22, 2019 by macromon

BFTP: Blast From The Past We posted the following last May when earnings and the market were all lathered up and on a sugar high induced by the corporate tax cut and weaker dollar in 2017.  Our lack of confidence … Continue reading →

Posted in Dollar, Earnings, Uncategorized | Tagged , , , | 1 Comment

Remain In A Landslide

Posted on April 19, 2019 by macromon

The latest Comres poll revealed that Remain would now win by 58 per cent to 42 per cent of the vote.  – CityAM

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Predictions Market On Fed Nominees

Posted on April 18, 2019 by macromon

Prediction markets not pricing the confirmation of Stephen Moore and Herman Cain to the Federal Reserve Board.  Stay tuned.  

Posted in Fed, Monetary Policy, Uncategorized | Tagged , | Leave a comment

Impeachment Market – The Only Market That Matters Now

Posted on April 18, 2019 by macromon

Taking a break from Holy Week to sift through the Mueller Report. It is going to be very difficult, in our opinion,  for the House Judiciary Committee (HJC)  not to proceed with impeachment hearings.  If they begin, the Democrats will have … Continue reading →

Posted in Politics, Uncategorized | Tagged , , | 4 Comments

The Free Rider Problem

Posted on April 16, 2019 by macromon

DTTFI – Desperately trying to fix it! 

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He’s Back!

Posted on April 14, 2019 by macromon

    But can he reverse this,                                     Hat Tip: @PlanMaestro  and this,                      … Continue reading →

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Is Trump Chasing Venezuelan Stocks?

Posted on April 14, 2019 by macromon

Trump’s relentless pounding of the Fed for not pumping the stock market is concerning if not downright scary.  Makes us think he is envious of the YTD  500 plus percent return of the Caracas Stock Market Index (IBVC) and wants … Continue reading →

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Sunday Afternoon At The Masters?

Posted on April 13, 2019 by macromon

The video is a compilation of tonight’s sweet dreams of those at the top of the Leaderboard at Augusta.

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What Is The Message Of The Bond Market? Nuttin’!

Posted on April 13, 2019 by macromon

Check this out. The Greek 5-year now trading through the U.S. 5-year yield.   Absurd. Italian 10-years now through the U.S., Portugal 10-year is trading 140 bps through the U.S.?   WTF?     We laugh when the Flat Earth Yield … Continue reading →

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BFTP: Masters Week: “This Guy Is Pretty Good”

Posted on April 13, 2019 by macromon

BFTP:  Blast From The Past Wow, can’t believe it’s been 14 years since one of the greatest golf shots of all-time and the best branding sports moment ever for Nike.  Watch how the ball hangs on the edge of the … Continue reading →

Posted in Sports | Tagged , , , , | 1 Comment