Author Archives: macromon

JFK-Trump Analog: 3 bps On The Eve Of A Big Rollover

Posted on March 14, 2018 by macromon

You need to sit down for this one. The JFK-Trump S&P500 analog is only three bps apart on Day 338 after election day.  That is only a one S&P500 point difference, folks.  Absolutely stunning. We had almost given up on … Continue reading →

Posted in Equities, Uncategorized | 13 Comments

Quote of the Night: Will Rodgers

Posted on March 13, 2018 by macromon

If a gun toting, former U.S. Marine,  law and order,  pro-life Democrat wins a seat in Congress, maybe the party leadership has finally learned that all politics is local and the tent needs to expand.   Probably, the biggest take away … Continue reading →

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The Big Blue Wave Looms

Posted on March 13, 2018 by macromon

Is that Conor Lamb on his Hobie?   By the way,  he will be one of only six millennials in the U.S. Congress.  Fresh. Results of Pennsylvania 18th Special Congressional Election  Not definitive yet and much, much tighter than we thought.  … Continue reading →

Posted in Politics, Uncategorized | Tagged | 8 Comments

Pas de merde…

Posted on March 13, 2018 by macromon

…and wait until they internalize these numbers. Bond traders are beginning to be concerned about rising deficits and national debt again https://t.co/VeBwC2yUWS #fixthedebt — Fix the Debt (@FixtheDebt) March 13, 2018

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Country Trade Balances With U.S.

Posted on March 13, 2018 by macromon
Posted in China, Economics, Uncategorized | Tagged | Leave a comment

Watch This Space…

Posted on March 13, 2018 by macromon

Today’s special congressional election in Pennsylvania’s 18th could move markets, and we doubt it is central to traders radars.  Trump won this district by over 20 percent in 2016. The Democrat, Conor Lamb,  has pulled ahead in the latest poll and owns … Continue reading →

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10 Reasons Why The U.S. Can’t Be Nordic – NR

Posted on March 12, 2018 by macromon

The debate begins and the right pushes back in this article.  We were out there first not with a normative argument but with positive analysis on what we see coming.  See here, here, here, and here. Ten Reasons We Can’t, and Shouldn’t, … Continue reading →

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Major Stock Index Recovery Percentages

Posted on March 12, 2018 by macromon

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QOTD: Pension Refunding

Posted on March 12, 2018 by macromon

Given the average life of a pension is about 15 years, every 100 basis point increase in interest rates reduces the net present value of pension liabilities by some 10%, writes Fundstrat’s Thomas Lee. If ten-year Treasuries can reach a … Continue reading →

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Are Millennials Different?

Posted on March 11, 2018 by macromon

Business Insider counts the ways.   Click here for full article and here for some context by Pew Research: The millennial generation generally includes people born between 1981 and 1996. Through their sheer size, they’ve affected industries such as fast food, fast fashion, … Continue reading →

Posted in Demographics, Uncategorized | Tagged , , | 2 Comments