Author Archives: macromon

Hearing rumors out of Mexico — and we reiterate rumors — that President  Andrés Manuel López Obrador (AMLO) has made a small purchase on Amazon this morning to help President Trump keep his campaign promise that “Mexico will pay for … Continue reading →

QOTD = Quote of the Day No prime minister has lost their first vote in office since 1783 — let alone their first 3. – Axios  

Proponents of Modern Monetary Theory emphasize that a country that controls its own currency and borrows in its own currency, like the United States, cannot default on its debt. This is because the central bank can, if necessary, “print” the money … Continue reading →

What Is Risk Averse? The term risk-averse refers to investors who, when faced with two investments with a similar expected return, prefer the lower-risk option. Risk-averse can be contrasted with risk seeking.  – Investopedia The price has risen 30% since June alone, when … Continue reading →

We see a lot of bears wearing the above Tee these days. This post will be short and sweet as we are getting ready to board a long flight and will be radio silent until next month. As we expected … Continue reading →