Author Archives: macromon

Are Stocks In A Bear Market?

Posted on June 26, 2019 by macromon

Technically, no. Spiritually?  Nor sure, but definitely, there’s is something happening here. What is ain’t exactly clear. S&P Flat For Past 17 Months Even with all the Strum und Drang since the massive volatility shock of January 2018 — which includes … Continue reading →

Posted in S&P500, Uncategorized | Tagged , | 9 Comments

The Snowflake Economy & Market

Posted on June 25, 2019 by macromon

Don’t talk to me about snowflakes.  I have one daughter in college and one about to enter and we have had some very interesting and, let’s just say loud, discussions about free speech,  triggers, snowflakes, and safe spaces.   On one … Continue reading →

Posted in Economics, Politics, Uncategorized | Tagged , , , , | 14 Comments

How Tariffs Affect Nontradeables

Posted on June 25, 2019 by macromon

25 Jun – 11:28:47 AM [RTRS] (LEN.N) – LENNAR CORP SAYS U.S. TARIFFS ON CHINESE GOODS HAS BEEN A HEADWIND; ON AVERAGE, THE IMPACT FOR LENNAR IS ABOUT $500 PER HOME – CONF CALL — Alastair (@StockBoardAsset) June 25, 2019

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US and China relationship has forever changed

Posted on June 24, 2019 by macromon

At times you will still see some volatility, says Catherine Yeung, investment director at Fidelity International.  – CNBC International

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Negative Yields Are Pure Gold

Posted on June 24, 2019 by macromon

               Hat Tip:  @mootrades Begs the question (petitio principii):  Why Are Yields Negative?  

Posted in Gold, Uncategorized | Tagged , | 2 Comments

If Mexico doesn’t stem migrant flow? – BBC News

Posted on June 22, 2019 by macromon

Our main market mover focus used to be capital flows. Now, migrant flows?  Come on, man! The US has proposed a “safe third country” agreement with Mexico, if migrant arrivals to the US border are not reduced by mid-July. What … Continue reading →

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Class Act

Posted on June 21, 2019 by macromon

I have always been a bit ambivalent about baseball great, Albert Pujols (AP), who now plays for the Los Angeles Angels of Anaheim and returned to St. Louis tonight for the first time after playing for Cardinals from 2001-2011.   But not … Continue reading →

Posted in Sports, Uncategorized | Tagged | Leave a comment

The Innate Angst Of Inequality

Posted on June 19, 2019 by macromon

Just a short but  very interesting follow-up video to our last post,  When 50 Percent Of U.S. Households Were Insolvent, which illustrated the stunning and parabolic growth of wealth inequality in the United States. We feel this post is necessary and very relevant … Continue reading →

Posted in Uncategorized | 16 Comments

When 50 Percent Of U.S. Households Were Insolvent

Posted on June 18, 2019 by macromon

Not that long ago, by the way. My good friend, David Jones, sent over some new data this past weekend.  We have been busy. Our First Take Not a lot of prose tonight as we will let the data and … Continue reading →

Posted in China, Economics, Policy, Politics, Uncategorized | Tagged , , , | 1 Comment

Doubtful ECB Can Prevent Recession – O. Blanchard

Posted on June 18, 2019 by macromon

Take a few and listen to O., well worth your time.  Olivier Blanchard, the former IMF chief economist and part of our elite “One Smart Dude Club (OSDC)”, speaks on the ECB’s monetary policy and the tools it has available … Continue reading →

Posted in Uncategorized | 10 Comments