Author Archives: macromon

President’s Rebuttal Tweet On Gen. Kelly Conflict

Posted on September 1, 2017 by macromon

General John Kelly is doing a great job as Chief of Staff. I could not be happier or more impressed – and this Administration continues to.. — Donald J. Trump (@realDonaldTrump) September 1, 2017

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Get Shorty If The “Church Lady” Bolts La Casa Blanca

Posted on September 1, 2017 by macromon

A stunning piece in the Washington Post posted last night about a potential conflict between President Trump and his Chief of Staff,  General John Kelly,  now dubbed the “Church Lady” by the White House staff. Political risk in Washington has diminished with … Continue reading →

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QOTD: The Maverick

Posted on September 1, 2017 by macromon

Americans recoiled from the repugnant spectacle of white supremacists marching in Charlottesville to promote their un-American “blood and soil” ideology. There is nothing in their hate-driven racism that can match the strength of a nation conceived in liberty and comprising … Continue reading →

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Super Mario’s Problem In One Picture

Posted on August 31, 2017 by macromon

File under “Kafkaesque Markets.” Source:  MacroTourist

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Month in Review – August

Posted on August 31, 2017 by macromon

Global Stock Indices All emerging markets.   Argentina up on good politics.   China breaking out through strong resistance.  Europe down on strong euro.  India stalls at resistance as RBI warns of a potential stock market bubble.  We are buyers for the … Continue reading →

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Immigration: 27% of U.S. Doctors Foreign Born

Posted on August 30, 2017 by macromon

The shortage of GPs [doctors] in England has been caused by multiple factors, including doctors leaving the profession early because of an increasing workload linked to a rising population. The shortage predates Britain’s vote last year to leave the EU, … Continue reading →

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Nominal GDP At 4 Percent, Fed Way Behind Curve

Posted on August 30, 2017 by macromon

The BEA revised Q2 GDP up this morning, Current-dollar GDP increased 4.0 percent, or $189.0 billion, in the second quarter to a level of $19,246.7  billion. In the first quarter, current-dollar GDP increased 3.3 percent, or $152.2 billion.  –  BEA … Continue reading →

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Trannies Reclaim 200-day, KOSPI Bounces

Posted on August 29, 2017 by macromon

All the major U.S. stocks indices recovered from steep losses, and then some, after the North Korean missile test, though decliners slightly outpaced advancers on the NYSE. The Dow Transports, which led the recent bout of volatility, reclaimed its 200-day … Continue reading →

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COTD: Young Adults (18-34) Living At Home

Posted on August 29, 2017 by macromon

  (COTD = Chart of the Day)                                                             Source:  U.S. Census

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QOTD: North Korea

Posted on August 29, 2017 by macromon

Game on and, unfortunately, and it’s not just  Donkey Kong! The North Korean crisis seems even more uncertain now and much riskier after Steve Bannon’s comments last week, which may embolden Kim Jong-un to challenge President Trump’s “fire and fury” … Continue reading →

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