Author Archives: macromon

The Coming Political Oktoberfest

Posted on September 28, 2019 by macromon

So we missed by a week or two. Coming “Summer Political Discontent?” There will be some political instability into a second referendum vote as the Brexiteers take to the street.  Depending on how things shape up with President Trump’s legal … Continue reading →

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What Are They Thinking?

Posted on September 27, 2019 by macromon

Stocks are reeling from the following headline. The White House is weighing some curbs on U.S. investments in China, a source familiar with the matter told CNBC. This discussion includes possibly blocking all U.S. financial investments in Chinese companies, the … Continue reading →

Posted in Capital Flows, China, Uncategorized | Tagged , | Leave a comment

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 →

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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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