Author Archives: macromon

Mr. Market Weakens U.S. Negotiating Position With China

Posted on March 22, 2018 by macromon

Last week we were thinking about pulling together a post using game theory to predict the outcome of the Trump administration’s tariff announcement.   JP Morgan beat us to it, however. More interesting is the JPM quant’s assertion that Trump will … Continue reading →

Posted in China, Equities, Uncategorized | Tagged , , | 21 Comments

The Biggest Risk At The Fed

Posted on March 21, 2018 by macromon

It is FOMC day, and the committee just raised the Fed Funds rate another 25 bps. Well, actually, they increased the interest rate on excess reserves (IOER) by 25 bps to target a higher Fed Funds rate.   That is an additional … Continue reading →

Posted in Fed, Monetary Policy, Uncategorized | Tagged , , , | 10 Comments

FOMC Dot Plot & Other Data – March 21

Posted on March 21, 2018 by macromon
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Federal Reserve issues FOMC statement – March 21

Posted on March 21, 2018 by macromon

March 21, 2018 Federal Reserve issues FOMC statement For release at 2:00 p.m. EDT Information received since the Federal Open Market Committee met in January indicates that the labor market has continued to strengthen and that economic activity has been … Continue reading →

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Jack Ma: KFC Reject to Asia’s Richest Man – Bloomberg

Posted on March 21, 2018 by macromon

Great story. Jack Ma wasn’t born rich but now he is the richest man in Asia. This Bloomberg profile tells the story of how Ma started as a poor kid in China’s countryside, learned English, got rejected from a job … Continue reading →

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Market Digits You Need To Know…

Posted on March 19, 2018 by macromon

Running out to passport office and we will be out a few days.  Here are the market data you need to know: Recovery faltering… S&P held 100-day moving average and closed above 50% key fibo today.  Put down today’s low … Continue reading →

Posted in Equities, Uncategorized | Tagged , , | 1 Comment

Why This Correction Is Different

Posted on March 18, 2018 by macromon

Those dreaded words you never want to hear as an investor, “this time is different.” Stock and Bond Correlation It does apply to the latest stock market correction, however. The sell-off that began on January 29th spanned ten trading days and … Continue reading →

Posted in Bonds, Equities, Fed, Uncategorized | 30 Comments

Week In Review – March 16

Posted on March 18, 2018 by macromon

Equity markets are still struggling to get back to all-time highs as geopolitical and U.S. domestic political risk is on the rise and growth projections ratchet lower. Corporate spreads are blowing out again. The U.S. 10-year yield is very sticky, … Continue reading →

Posted in Uncategorized, Week in Review | Tagged , , , , , | 2 Comments

Sector ETF Performance – March 16

Posted on March 17, 2018 by macromon
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Global Risk Monitor – March 16

Posted on March 17, 2018 by macromon
Posted in Daily Risk Monitor, Uncategorized | Tagged , , , , , | 1 Comment