Author Archives: macromon

The Great Hack

Posted on August 3, 2019 by macromon

This is a must view, folks.  If you don’t have Netflix, grab some friends and subscribe for one month so you can watch this.  Stunning. Everything you wanted to know about Cambridge Analytica but were afraid to ask.

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The Summer Of Discontent

Posted on August 3, 2019 by macromon

See full story here. We have been all over this one since early spring.   Never works out exactly as expected but content to be in the same zip code.

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A Short Stay At The Bear Trap Inn

Posted on August 2, 2019 by macromon

As we suspected in last night’s post, A break of today’s low at 2945.23 cinches a beeline move to the 50-day, where algos will likely set their bear trap and try and bounce the market.  We expect a feeble bounce at best, … Continue reading →

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Seat Belts

Posted on August 2, 2019 by macromon
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S&P Breaks With A Tariff Tweet

Posted on August 1, 2019 by macromon

After a nice morning bounce from yesterday’s Fed sell-off, the market got slapped in the face with some real fundamental news with President Trump’s tweet threatening to raise tariffs.   Not a done deal yet but can’t see President Xi scrambling to make … Continue reading →

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Sign of the Times

Posted on July 31, 2019 by macromon

If true…. https://twitter.com/1984to1776/status/1156260010994864139?s=21

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Why Did Stocks Fall After Rate Cut?

Posted on July 31, 2019 by macromon

Gravity.  Stock prices are waaay too high. Stocks went down not because the Fed messed up.  If they needed to cut 50 bps and signal more to come because of coming economic weakness, what in heavens name were stocks doing … Continue reading →

Posted in Equities, Politics, Uncategorized | Tagged , , | 3 Comments

Fed To Cut With “Loose As A Goose” Financial Conditions

Posted on July 31, 2019 by macromon

It is absolutely clear to us this rate cut is motivated to placate a clueless and unprincipled president and also including Wall Street traders.  We call them the “market socialists” who look for government intervention to set prices rather than … Continue reading →

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Why Is Apple Rallying?

Posted on July 30, 2019 by macromon

For iPhone, we generated $26 billion in revenue. While this is down 12% from last year’s June quarter, it is a significant improvement to the 17% year-over-year decline in Q2. – Tim Cook, Earnings Conference Call, July 30 This is … Continue reading →

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Deflation? Not Even Close

Posted on July 28, 2019 by macromon

Core CPI consistently prints around 2 percent, the average over the past eight years, with the latest reading of the June core rate coming in at 2.1 percent.  Sure, we can find another index to show lower or higher rates … Continue reading →

Posted in Inflation/Deflation, Uncategorized | Tagged , | 4 Comments