Yearly Archives: 2020

American Kakistocracy

Posted on April 23, 2020 by macromon

Kakistocracy is a system of government that is run by the worst, least qualified, and/or most unscrupulous citizens. The word was coined as early as the seventeenth century, but gained significant use in the first decades of the 20th century to … Continue reading →

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The Plan Is, There Is No Plan

Posted on April 21, 2020 by macromon

None, nada, just more Potemkin noise, the hallmark of this administration, coupled with massive gaslighting.  It’s up to the Governors now to get it right and land the plane. The Trump campaign strategy now seems to be keep whiping up the … Continue reading →

Posted in Economics, Policy, Politics, Uncategorized | Tagged , | 7 Comments

Negative Crude Prices?

Posted on April 20, 2020 by macromon

This is incredible. Buyers bidding for crude in Texas are offering as little as $2 a barrel for some oil streams. The slumping value of physical barrels is raising the possibility that Texas producers may soon have to pay customers … Continue reading →

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The Extremely Overvalued & Top Heavy U.S. Stock Market

Posted on April 19, 2020 by macromon

Caveat freaking emptor. After the Fed effectively fully nationalized the financial markets by bailing out junk bonds on April 9th, turning Wall Street into a Soviet Sausage Factory,  almost any type of analysis, which was on its way out anyway,  … Continue reading →

Posted in Equities, Uncategorized | Tagged , | 24 Comments

Bears Galore!

Posted on April 19, 2020 by macromon

Wonder how all these guys are distorting the Bull bear ratio?  Just askin’. Yosemite National Park is closed to visitors. Now, bears are thriving. https://t.co/B63nzsDeqe pic.twitter.com/5mISWUMdOu — CBS News (@CBSNews) April 19, 2020

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Trenta Amore!

Posted on April 18, 2020 by macromon

This is beautiful bellissima…. Most incredible thing you’ll see today. These two women are playing tennis from rooftop to rooftop in the Italian city of Liguria to pass time during the pandemic. Sports.🌎❤️🎾🌎🇮🇹🌎 pic.twitter.com/Nse4Pu6xCa — Rex Chapman🏇🏼 (@RexChapman) April 18, … Continue reading →

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The Macroeconomy and COVID-19

Posted on April 17, 2020 by macromon

Here’s some homework and learning material for the weekend from the Centre for the Study of Financial Innovation. I haven’t watched the video in full but George Magnus, who I worked with at UBS, is always a must listen and … Continue reading →

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Fifth Order Effect Of The COVID Crisis

Posted on April 16, 2020 by macromon

Markets are having a very difficult time multi-tasking during this crisis. Getting all lathered up about seeing through the first-order existential threat of survival and death — we are very grateful the curves are starting to turn — and not … Continue reading →

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Did You See Jackie Robinson Hit That Ball?

Posted on April 16, 2020 by macromon

This one is for CK, a moral trailblazer in her own right and knows how to play and has a great long-game. We can’t emphasize enough what a Great American Jackie Robinson and moral trailblazer #42 was. Did you know … Continue reading →

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Jackie And The New American Hero

Posted on April 15, 2020 by macromon

Never forget #42. #OnThisDay in 1947, Jackie Robinson broke the @MLB color barrier. Read more about the legend’s impact, how the stadium bearing his name and the bronze statue in honor of the Brooklyn Dodger came to be at @UCLA … Continue reading →

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