Author Archives: macromon

Are Trade Deficits Bad?

Posted on April 22, 2025 by macromon
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The Anatomy of a Bond and Currency Crisis

Posted on April 21, 2025 by macromon

It was the autumn of 1996 when I arrived in Sofia, Bulgaria.  I was working for a major Wall Street investment bank and had a clear and urgent mission to assess the sustainability of Bulgaria’s sovereign debt. The atmosphere in … Continue reading →

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QOTD: “Ejectoral” College Is Voting

Posted on April 20, 2025 by macromon

QOTD = Quote of the Day A currency is only as good as the government that backs it. – Economist  Chart Source: Barchart.com

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Amazon’s China Exposure

Posted on April 20, 2025 by macromon

As the single largest player in the ecommerce industry, Amazon generates between 10% and 15% of global online sales. In its home market, the US ecommerce giant makes up to 40% of total ecommerce sales and generates the highest revenue … Continue reading →

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POTD: Tariff Rhymes

Posted on April 19, 2025 by macromon

POTD = Picture of the Day Source: FT

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Global Risk Monitor: Weekly Update – April 18

Posted on April 19, 2025 by macromon

Happy Easter, folks! The Trump administration’s tariff strategy continues to function less as a deliberate trade policy and more as a volatile, reactionary experiment. Markets are grappling with a growing realization: there is no unified objective anchoring current U.S. trade … Continue reading →

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S&P 500 Key Levels – April 15

Posted on April 15, 2025 by macromon

Happy Jackie Robinson Day!  What a great American.  The rebound in the S&P 500 has thus far stalled at a key technical level—specifically the 50% Fibonacci retracement of the current correction from the recent highs, which stands at 5491.24. Today’s … Continue reading →

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China Has Many Options – Roubini

Posted on April 14, 2025 by macromon
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Masters Week: Jack and German POWs (BFTP)

Posted on April 12, 2025 by macromon

BFTP: Blast From The Past Originally Posted on April 8, 2013 Answer to yesterday’s Masters quiz question: Anthony Kim posted 11 birdies in the second round of the 2009 Masters. German WWII POWs Here’s some more 19th hole fodder to … Continue reading →

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Global Risk Monitor: Weekly Update – April 11

Posted on April 12, 2025 by macromon

The United States’ current tariff regime reveals not a strategic plan but an erratic response to market volatility, suggesting a governing philosophy resembling reactive day trading more closely than structured economic policymaking. As the week’s developments show, the absence of … Continue reading →

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