Author Archives: macromon

Greenspan Cribbed “Irrational Exuberance” From Robert Shiller

Posted on January 12, 2019 by macromon

Just cleaning up some old posts and thought you would find this one interesting. I have always been a big fan of the Yale prof, Robert Shiller, even before his Nobel Prize.  During my Wall Street days, a Yale professor … Continue reading →

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Ten Good Weekend Reads

Posted on January 11, 2019 by macromon

  Volatility: how ‘algos’ changed the rhythm of the market – FT Shelter From the Storm in 2019, Barry Eichengreen – Project Syndicate Seoul bears bad news for the globe – Nikkei Asian Review As China’s economy gets the chills, … Continue reading →

Posted in Uncategorized, Weekend Reads | Tagged , , , , , , , | 2 Comments

File Under: You Heard It Here First!

Posted on January 11, 2019 by macromon

See here and here. #UK hedge fund maganger Odey says he's betting on the pound to rise, predicting #Brexit won't happen: Crispin Odey manages Odey Asset management and he's putting his money on the UK not leaving the EU, according … Continue reading →

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Hmmmm…

Posted on January 10, 2019 by macromon

I’m focused on the picture in the People’s Daily tweet.  Are those what I think they are? China has been keeping its promises to uphold environmental protection since the first global commitment in 1972. Over 40 years gone by since … Continue reading →

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S&P500 Key Levels

Posted on January 10, 2019 by macromon

Nice price action today generating an outside day, which the textbooks tell us is a confirmation and continuation of the recent move.  No fight here. Nevertheless, moving into the zone of heavy resistance as the S&P crosses 2600 and the … Continue reading →

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QOTD: You Are A Badass!

Posted on January 10, 2019 by macromon

Deciding means jumping in all the way, doing whatever it takes, and going after your dreams with the tenacity of a dateless cheerleader a week before prom night.  – Jen Sincero, You Are a Badass: How to Stop Doubting Your Greatness … Continue reading →

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Why Communist China Has So Many Billionaires – Bloomberg

Posted on January 10, 2019 by macromon

By one estimate, China mints a new billionaire every two days, far exceeding the rate of countries like the United States. But how did China remain a nominally Communist state while becoming a hotbed for billionaires-in-the-making? Bloomberg QuickTake explains how … Continue reading →

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Selling Brazil ETF

Posted on January 10, 2019 by macromon

Taking profit in the Brazil ETF, EWZ, after  a tremendous run.  Out at $43.00 and will look to reload at a lower price.  Bulls eat, bears eat, and pigs get slaughtered. Help keep the lights on at the Global Macro … Continue reading →

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The Automatic Tapering Of Quantitative Tightening

Posted on January 9, 2019 by macromon

We heard a market pundit today mention the Fed will soon begin to taper its reduction in the balance sheet.  The pundit seemed convinced the balance sheet reduction is on track to total $600 billion per year as far as … Continue reading →

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

Opportunistic Alpha Housekeeping

Posted on January 9, 2019 by macromon

If you haven’t noticed, we have been posting specific trade ideas with entry points, target prices, and stops.  These are not recommendations but a vehicle so that our readers can hold us more accountable for our ideas, and to also … Continue reading →

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