Author Archives: macromon

‘Twas the night before interest rate cuts, in markets worldwide, With hopes that central banks would soon  turn the tide. The markets expect, with cuts so precise, the Fed cutting a hundred and ten basis points, to slice. In the … Continue reading →

Shohei Ohtani’s singular pursuit of history, one man’s quest to rewrite the baseball world’s understanding of what is possible, reached another summit on Saturday when he agreed to the largest contract in the annals of major North American team sports, … Continue reading →

This month’s price move in the S&P500 ranks as the fourth-best November in the post-war period.  Credit spreads came in quite a bit, and the Chicago Fed’s National Financial Conditions Index eased 20 points, simply stunning.  With such a significant … Continue reading →

“But as any mathematician knows, averages can be deceptive. Andrew Robinson, CEO of famed advertising agency BBDO, once said, “When your head is in a refrigerator and your feet on a burner, the average temperature is okay. I am always … Continue reading →

QOTD:  Quote of the Day Shares of Krispy Kreme Inc. were downgraded last month on concerns weight-loss drugs would reduce demand for their doughnuts.  – Bloomberg 

As of today’s close, the S&P move in just the first half of the month already ranks as the 6th most significant November monthly move in over seventy years. It’s challenging to find a similar set-up going into the end … Continue reading →