Monthly Archives: April 2020

Violent Protests Rock Lebanon

Posted on April 28, 2020 by macromon
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If It’s So Safe Out There, Why Are We On The Verge Of Major Meat Shortage?

Posted on April 28, 2020 by macromon

Just askin’, folks. I talked to a friend who runs a local restaurant last night, she said their food distributor is almost out of meat, mainly pork. The shortage is not the result of a demand shock, such as the … Continue reading →

Posted in Coronavirus, Uncategorized | Tagged , | 1 Comment

Ownership & Profile Of The U.S. Corporate Bond Market – Q4 2019

Posted on April 28, 2020 by macromon

Summary Nonfinancial corporates grew their stock of outstanding bonds by over 80 percent from Q4 2009 to Q4 2019,  moving from 21.80 percent of GDP in 2009 to 26.62 percent in Q4 2019 Conversely,  the domestic financial sector continued to … Continue reading →

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Too Short To Get Shorty

Posted on April 28, 2020 by macromon

The stock market is clearly detached from economic reality and unmoored from any sensible valuation metric but it just keeps going higher. ¿Por qué. The market is going up because so many are caught offside betting it’s not going to … Continue reading →

Posted in Equities, Uncategorized | Tagged , | 6 Comments

Three-Pointer At The Buzzer For Corporate Socialism

Posted on April 27, 2020 by macromon

Wow,  pretty disgusting and just the tip of the iceberg of the corruption taking place with the bailouts and PPP. Who would of thunk that one of the world’s most valuable and glamorous sports franchises, worth $4 billion, would be … Continue reading →

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The World’s Wealthiest

Posted on April 27, 2020 by macromon

Just in case you’re curious… Source:  The Visual Capitalist  

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“I Have Never Seen Such A Strong Market”

Posted on April 26, 2020 by macromon

For oil storage. Watch the CEO of Nordic American Tankers (NAT) quote Cramer $70k per day to lease an oil tanker.  Buy spot/sell forward and that arb should drive the forward/futures premium relatively close to the cost of carry. Traded … Continue reading →

Posted in Crude Oil, Uncategorized | Tagged , , | 1 Comment

COVID Deaths Could Be Almost 60% Higher Than Official Count

Posted on April 26, 2020 by macromon

Here is something we suspected for some time and now has been measured by the FT analysts. The noisier the data, it is best to focus on trends and not single data.   The death toll from coronavirus may be … Continue reading →

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How Italy Plans To Reopen The Economy

Posted on April 26, 2020 by macromon

#Italy PM @GiuseppeConteIT releases details of end to lockdown. May 4: manufacturing, construction & wholesale for construction. May 18: retail stores, museums, libraries & pro sports teams. June 1: bar, restos, hairdressers & beauticians. Schools closed til Sept. @CBCAlerts pic.twitter.com/Wzd4RMIcXu … Continue reading →

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COTD: Size Of The COVID Lockdowns

Posted on April 26, 2020 by macromon

COTD = Chart of the Day

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