Monthly Archives: April 2020

Long Pitchforks And Water Cannons

Posted on April 11, 2020 by macromon

The juxtaposition of the following two tweets is absolutely stunning and just freaking… WOW! Potential Major Political Blowback  Can you imagine the political blowback that is coming if the economy doesn’t snap back soon as the levered bad actor oil … Continue reading →

Posted in Coronavirus, Uncategorized | Tagged , | 17 Comments

Chapter 11 Restructuring v. Chapter 13 Liquidation

Posted on April 9, 2020 by macromon

Know thy difference folks, lest the semantic tyrants trick you into bailing out the bad actors.  GM went through a Chapter 11 restructuring or failure but was deemed to be bailed out.  My kind of bailouts. What Is Chapter 11? … Continue reading →

Posted in Uncategorized | 4 Comments

Wall Street Has Now Morphed Into A Full Blown Soviet Sausage Factory

Posted on April 9, 2020 by macromon

To paraphrase the police officer who told me my old neighborhood had burned down during the 2017 NorCal fires,  “the markets are no more.” After the Fed announced it is bailing out junk bonds today,  Wall Street has now morphed … Continue reading →

Posted in Socialism, Uncategorized | Tagged | 69 Comments

Global Patent Race

Posted on April 7, 2020 by macromon

Of potential interest to those who follow intellectual property and innovation. Chart shows growth in number of international patents by country between 1990 and 2019. #cdnecon https://t.co/pzZmHWU0VQ — OEA Ottawa Economics 🇨🇦 (@OEAEconomics) April 7, 2020

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Classic Bear Market Bounce

Posted on April 6, 2020 by macromon

Big move today in stocks with the S&P500 closing up 7.03 percent.  We are so glad we are out of the market. We believe stocks are now in phase two of a vicious bear market, where after the initial sharp … Continue reading →

Posted in Equities, Equity, Uncategorized | Tagged , | 2 Comments

Is This The Newest & Hottest Leading Economic Indicator?

Posted on April 5, 2020 by macromon

Is this a sign of spiking consumer confidence or just a signal of a less shitty week to come? The futures markets seem to like it butt you decide.   You think the Masters of the Universe and the Algos … Continue reading →

Posted in Uncategorized | 13 Comments

It’s Truly Going To Be Different This Time

Posted on April 5, 2020 by macromon

Can’t you just feel the political winds blowing as exemplified in this bloke’s timeless rant and with my grandmother’s brogue (Flynn of County Cork, btw)? Trump was has been just a Trojan Horse for the 0.1 percenters as a check to … Continue reading →

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The Necessary Condition For Economic & Financial Recovery

Posted on April 5, 2020 by macromon

Futures up 700 points on a lot happy talk out POTUS presser this afternoon even though the Surgeon General stated earlier on the Sunday talk shows we are heading into Pearl Harbor.  The futures spike is the gift that keeps … Continue reading →

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QOTD: Will Rogers

Posted on April 3, 2020 by macromon

QOTD = Quote of the Day In this country people don’t vote for, they vote against. – Will Rodgers

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Exponential Growth 201

Posted on April 3, 2020 by macromon

Here is a another lesson on exponential growth and a warning to states who are lulled into complacency with their relative low case rates. Reported US coronavirus deaths via @CNN: 4 weeks ago: 12 deaths3 weeks ago: 41 deaths2 weeks … Continue reading →

Posted in Coronavirus, Uncategorized | Tagged | 1 Comment