Author Archives: macromon

QOTD = Quote of the Day Never before have a rising power [China] and the established hegemon [U.S]. been so economically intertwined….China holds at least $860bn in US public debt, representing 12 per cent of the foreign owned debt. Trade … Continue reading →

Doom Spending Shoppers are stretched, but discretionary spending isn’t abating as quickly as some finance chiefs and economists expected—a phenomenon economists and finance chiefs have coined “revenge” and even “doom” spending. And it has CFOs across industries—from travel to clothing, … Continue reading →

Mexico Markets Thumped  The Mexican governing party’s unexpectedly lopsided victory this week has investors concerned that it may use its mandate to sweep aside some of the checks on presidential power which have long been a source of comfort to … Continue reading →

We warned about the coming wave of inflation in February 2021, when year-on-year CPI inflation was still below 2 percent, at 1.67 percent. We then followed up with this: Inflation is way too high given exremely easy financial and monetary … Continue reading →

I never really liked this guy, but he seems to be one of the few voices of reason at this crazy moment in history.

To impress upon you the effects of caffeine, I footnote esoteric research conducted in the 1980s by NASA. Their scientists exposed spiders to different drugs and then observed the webs that they constructed.  Those drugs included LSD, speed, marijuana, and … Continue reading →

COTD = Chart of the Day Global goods trade is showing signs of accelerating after last year’s slump, pushing up shipping rates and giving some supply-chain managers flashbacks to the demand spike that disrupted international commerce three years ago… Some of the … Continue reading →