Author Archives: macromon

Traders apply the term widow maker to financial investments that cause catastrophic losses or are risky enough to do so…Another famous example of a widow maker trade occurred in natural gas futures, which professional traders have long considered widow makers because … Continue reading →

Here is a follow-up on last week’s chart with some excellent granular detail.    Interest payments on the national debt during the current fiscal year (October to February) are up 29 percent y/y, one of the fastest-growing expenditure components of the … Continue reading →

Must view, folks!

Tough week, especially for European banks and equities.  

After normalizing post-COVID, the U.S. budget deficit is starting to turn up again.  The 12-month trailing deficit was $1.62 trillion at the end of February, or around 6.14 percent of GDP.   Good luck bringing inflation down to 2 percent, given … Continue reading →