Author Archives: macromon

Turmoil In The Money Markets & Financing Burgeoning Budget Deficits

Posted on September 26, 2019 by macromon

Sit up and listen, folks.  We may be in the midst of a Black Swan event. Nobody knows for certain what is creating the turmoil in the repo and money markets but we suspect much of it has to do … Continue reading →

Posted in Bonds, Uncategorized | Tagged , | 3 Comments

What the company of the future will look like | FT

Posted on September 26, 2019 by macromon
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My 6 Sigma Political Scenario Now Trending On Twitter

Posted on September 25, 2019 by macromon

I took so much incoming for this part of a post (reposted yesterday) I wrote back in May 2017.  People would look at me as I was crazy when I laid out the unlikely scenario, which, I admit, was written … Continue reading →

Posted in Politics, Uncategorized | Tagged | Leave a comment

The Mooch On Impeachment

Posted on September 25, 2019 by macromon

The Mooch says Republican Senators “hate Trump’s guts” and will turn on him. He is gone. It’s only a matter of time now and negotiation. @realDonaldTrump is done. — Anthony Scaramucci (@Scaramucci) September 24, 2019     Watch this space.  … Continue reading →

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Viva la Oxford Comma!

Posted on September 24, 2019 by macromon

This is actually my favorite TikTok pic.twitter.com/PWtVOSkO77 — Washington Post TikTok Dad (@davejorgenson) September 23, 2019

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Beware Shorting Impeachments

Posted on September 24, 2019 by macromon

Reposting a piece from a few years back to provide some market perspective on today’s news.  There are a confluence of events, not just political instability, of why we believe stocks are headed lower, including valuations and the shifting of … Continue reading →

Posted in Politics, President Trump, Uncategorized | Tagged , , | 2 Comments

The Magical Monetary Policy Mystery Tour

Posted on September 24, 2019 by macromon

Wow!  Just heard a so-called “banking expert” say that the Fed was reducing reserves on their balance sheet during quantitative tightening (QT), which has led to the current chaos in the overnight repo market.   Not entirely true. Asymmetric Libalibity Balance … Continue reading →

Posted in Fiscal Policy, Uncategorized | Tagged , , | 2 Comments

Impeachment Market Update

Posted on September 23, 2019 by macromon

Since our post on the impeachment market about nine hours ago, the 2019 contract is up 81 percent, from 21 to 38, and 322 percent in the past week.   Annualize that return! Mr. Market is not priced for the … Continue reading →

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Impeachment Prediction Market Flying

Posted on September 23, 2019 by macromon

Check out the prediction market on impeachment over at PredictIt. Odds Have Moved From 11:1 To 4.8:1 Trump Will Now Impeached By Year-End The contract that Trump will be impeached by the end of 2019 is up 133 percent in … Continue reading →

Posted in Politics, Uncategorized | Tagged | 2 Comments

If It’s On The Internet, It’s True. Right?

Posted on September 23, 2019 by macromon

Don't just teach your students to read. Teach them to question what they read, what they study. Teach them to doubt. Teach them to think. pic.twitter.com/pJIPeJla6m — Prof. Feynman (@ProfFeynman) September 23, 2019

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