Yearly Archives: 2020

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 →

Posted in Economics, Uncategorized | Tagged | Leave a comment

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 →

Posted in Coronavirus, Uncategorized | Tagged , | Leave a comment

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

Europe’s Catastrophic Services PMIs

Posted on April 3, 2020 by macromon

Disaster, not unexpected but worse than expected. Wow! Look at the collapse in Italy’s Services PMI. Services PMIs including final readings in Germany and France. Forget about regressions and everything you've learned at school. pic.twitter.com/srrYFd4JfB — Frederik Ducrozet (@fwred) April … Continue reading →

Posted in PMIs, Uncategorized | Tagged | 3 Comments

QOTD: Larry Kudlow

Posted on March 31, 2020 by macromon

QOTD:  Quote of the Day Speaking of spitballers: Surely even the bro-iest day trader still watching CNBC has noticed that White House economics adviser Larry Kudlow couldn’t pass a midterm math exam if you gave him the answer key.  Imagine … Continue reading →

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A Long Way Down To Value

Posted on March 31, 2020 by macromon

Summary The stock market has completed the first phase of a bear market with a rapid and sharp Q1 sell-off caused by massive deleveraging Stocks still need to deal with its valuation problem as well as discounting the long-term financial … Continue reading →

Posted in Equities, Uncategorized | Tagged , | 21 Comments

Tips For Surviving Social Distancing – MIT

Posted on March 30, 2020 by macromon
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