Author Archives: macromon

QOTD: Inflation Cometh

Posted on April 28, 2017 by macromon

The key takeaway from this morning’s punk GDP report: Meanwhile, Inflation advanced at a 2.4% annual pace in the first quarter, according to the personal-consumption expenditures, or PCE index. The PCE index–the preferred inflation gauge of the Federal Reserve–easily topped … Continue reading →

Posted in Economics, Inflation/Deflation, Uncategorized | Tagged , , | Leave a comment

The Chart That Floats Overvaluation

Posted on April 26, 2017 by macromon

We hear a lot these days about how all assets are overvalued.  Very and don’t disagree. Lots of gurus and big money managers engaging in market crash talking.   Doubt it, but could be wrong.  Too much liquidity and cash in … Continue reading →

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

Will France Launch The Molotov Cocktail?

Posted on April 22, 2017 by macromon

The Oat-Bund 10-year spread came in almost 10 bps last week.  The Euro rallied a little over 1 percent. A disillusioned and highly undecided French electorate head to the polls tomorrow to choose the two candidates (unless one wins an … Continue reading →

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US Sector ETF Performance – April 21

Posted on April 22, 2017 by macromon
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Global Risk Monitor – April 21

Posted on April 22, 2017 by macromon

Click on table to enlarge and for better resolution

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COTD: Oil Supply Breakeven Prices

Posted on April 20, 2017 by macromon

Hot from the latest International Monetary Fund’s, World Economic Outlook.   Looks like not many of the projects out there making money at $50 bbl. (COTD = Chart of the Day)

Posted in Crude Oil, Uncategorized | Tagged , | 2 Comments

French Oat-German Bund 10-year Spread

Posted on April 15, 2017 by macromon

The Oat-Bund yield spread widened out about 7 bps this past week.  Hard left anti-EU candidate, Jean-Luc Mélenchon,  is making a late charge turning the first round of the presidential election into a 4-way horse race.    Though  Le Penn and … Continue reading →

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US Sector ETF Performance – April 14

Posted on April 15, 2017 by macromon
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Global Risk Monitor – April 14

Posted on April 15, 2017 by macromon

Click on table to enlarge and for better resolution

Posted in Daily Risk Monitor, Uncategorized | Tagged , , , , , | Leave a comment

Why the Equity Bull Market Must Continue

Posted on April 14, 2017 by macromon

We have been busy crunching some very interesting data on pension funds from the most recent Federal Reserve’s,  Flow of Funds Accounts.    Check out the charts below. Interestingly,  the last time Private and State & Local Government Pensions were fully … Continue reading →

Posted in Equity, Institutional Investors | Tagged , , | 24 Comments