Author Archives: macromon

QOTD: Churchill On Truth

Posted on December 5, 2019 by macromon

QOTD:  Quote of the Day The truth is incontrovertible. Panic may resent it, ignorance may deride it, malice may distort it, but there it is.  — Winston Churchill, HOUSE OF COMMONS, May 17th 1916

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Rollback Is The Word And Dealbreaker

Posted on December 5, 2019 by macromon

“#China believes if both sides reach a phase-one agreement, relevant tariffs must be lowered.” -Commerce Ministry spox reiterates tariff rollback must be part of phase one #trade deal via @CNBC’s @chengevelyn. Spox says 2 sides in touch. No deets on … Continue reading →

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The Trend Toward Hyperautomation & Autonomous Things

Posted on December 4, 2019 by macromon

Where is the policy response to help the U.S. labor market prepare for this?   Michael Kung, a senior partner at the US research and advisory firm Gartner Inc, told reporters at a press conference in Taiwan yesterday hyper-automation tops the … Continue reading →

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COTD: Apple’s Global Supply Chain

Posted on December 4, 2019 by macromon

COTD:  Chart of the Day Maybe a bit dated but you get the picture, no surprise, China dominates the supply chain, which also includes fabs.  Apple is very exposed to a protracted or forever trade war and deterioration of the global … Continue reading →

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Getting Narrow Up Here

Posted on December 3, 2019 by macromon

$AAPL and $MSFT have together attributed 35% of the total gain in the $NDX this year. 2/106 stocks over 1/3 the gain. A lot will weigh on them for indexers in 2020 — Thomas Thornton (@TommyThornton) December 3, 2019   … Continue reading →

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If Facts Mattered…….

Posted on December 3, 2019 by macromon

The just-released phone logs in the House Intel report would be a nuclear bombshell and could potentially take down a government.   Unless, of course, Rudy is working on a balanced budget amendment with the OMB. Democracy cannot survive if facts … Continue reading →

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American Democracy In A Bear Market

Posted on December 2, 2019 by macromon

…As partisans have drifted apart geographically and ideologically, they’ve become more hostile toward each other. In 1960, less than 5 percent of Democrats and Republicans said they’d be unhappy if their children married someone from the other party; today, 35 … Continue reading →

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Manufacturing Sector Contraction Continues, Led By New Orders – ISM

Posted on December 2, 2019 by macromon

Of the 18 manufacturing industries, five reported growth in November: Apparel, Leather & Allied Products; Food, Beverage & Tobacco Products; Paper Products; Miscellaneous Manufacturing; and Computer & Electronic Products. (Tempe, Arizona) — Economic activity in the manufacturing sector contracted in November, and … Continue reading →

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S&P’s Great Run…What Next?

Posted on December 1, 2019 by macromon

The S&P500 price index is up 25.30 percent going into December, the 9th best performance for the index from January to November since 1950.   What makes this year’s rally unique to the prior big years is that it launched from … Continue reading →

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Ten Facts About Inequality In Advanced Economies (AE) — PIIE

Posted on November 28, 2019 by macromon

Very good discussion on the inequality landscape in the AEs.  We know it ain’t no Tik-Tok video but it’s a good investment of your time to learn something more about what is important and going to drive the political economy … Continue reading →

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