Monthly Archives: August 2019

Does This Look Like Risk Aversion?

Posted on August 29, 2019 by macromon

What Is Risk Averse? The term risk-averse refers to investors who, when faced with two investments with a similar expected return, prefer the lower-risk option. Risk-averse can be contrasted with risk seeking.  – Investopedia The price has risen 30% since June alone, when … Continue reading →

Posted in Uncategorized | 4 Comments

Rent Control Issues Hit 7-year Bond Auction

Posted on August 29, 2019 by macromon

At least, that is our view. We have worried out loud how global interest rate repression may cause ugly bond auctions. A problem that similarly arises in the rent-controlled housing market. …we are watching the Treasury auctions closely and suspect … Continue reading →

Posted in Bonds, China, Credit, Uncategorized | Tagged , | 8 Comments

The People’s Republic of The Future

Posted on August 27, 2019 by macromon

Great watch… When it comes to technology, Shenzhen may well be the most fascinating city in the world. It makes the majority of our electronics. It clones the best technology Silicon Valley has to offer with ease. And, these days, … Continue reading →

Posted in China, Video | Tagged , , | 13 Comments

Are Central Banks Ready To Break Their Codependency?

Posted on August 27, 2019 by macromon

Breaking our radio silence as we couldn’t help ourselves after reading former NY Fed President William Dudley’s piece imploring the Fed to stop enabling Trump’s  trade war. It sounds like central bankers are starting to realize they are, and have been, … Continue reading →

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

Moving Into Resistance

Posted on August 19, 2019 by macromon

We see a lot of bears wearing the above Tee these days. This post will be short and sweet as we are getting ready to board a long flight and will be radio silent until next month. As we expected … Continue reading →

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Now For Some Good News On Trade

Posted on August 19, 2019 by macromon

WASHINGTON — Amid President Donald Trump’s trade war with China, nearly two-thirds of Americans say they support free trade with foreign countries, according to the latest national poll from NBC News and the Wall Street Journal. That represents a new high in the NBC/WSJ survey … Continue reading →

Posted in Trade War, Uncategorized | Tagged | 4 Comments

Walmart Nation: Visual Capitalist

Posted on August 18, 2019 by macromon

Some more context to our last post, Trouble Coming To Walmart Nation? Man, the content at the Visual Capitalist is good!  

Posted in Employment, Uncategorized | Tagged | Leave a comment

Trouble Coming To Walmart Nation?

Posted on August 18, 2019 by macromon

Not so much for Walmart shareholders after the company beat estimates late in the week helping the stock (WMT) to close on Friday 7.7 percent off its low for the week.  MarketWatch notes the big-box retailer was helped by automation. … Continue reading →

Posted in Employment, Uncategorized | Tagged , | 30 Comments

Fake Waves: Surf’s Up

Posted on August 17, 2019 by macromon

Beach Boys need to make a song about this one… Amazing pic.twitter.com/xEdtL50o0h — Physics-astronomy.org (@OrgPhysics) August 17, 2019

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“Fake Economic Data”: We Did Warn You

Posted on August 16, 2019 by macromon

It was so predictable. Furthermore, it’s only a matter of time before our national economic data is labeled fake news and the product of manipulation by the “deep state.” Dig deeper and sharpen your pencils, folks.  – GMM, May 7th … Continue reading →

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