Author Archives: macromon

Good stuff.

This video is excellent.  Long for Twitter years but well worth the time.  Dalio and Summers crystalize the inflation debate. Summers, the traditional economist, talks about demand-pull overheating, output gaps, and labor markets. At the same time, Dalio comments on … Continue reading →

Wow,  Justin is acting pretty conservative for a liberal.  Canada already has some of the best COVID numbers in the world.  High VAX, low new daily cases.    Assuming 4 percent of Canada has had (1.41 million reported cases) or … Continue reading →

PTJ, the Greatest Of All-Time (GOAT) in my book. I have few regrets in life but one is not hitting his bid when I was being pursued by his hedge fund years ago. The California beach was just too comfy … Continue reading →

This post is a short follow-up to our inflation piece from last night, Inflation In Context: A Liquidity Adjusted CPI Index, which was a bit too wonky, and we don’t think we were clear in making our points. Again, we are … Continue reading →

First, folks, please send your prayers, thoughts, good feelings, positive energy, miracles, healing touch, whatever you got, and whatever it takes to GMM’s beloved Carol K., who keeps battling, never giving up against a serious disease in Boston at one, … Continue reading →

Great chart from Custer Custer Group on share of semiconductor types that make up the global market in 2021. Source:  Business Outlook  

This should dispel the notion. Can’t wait to hear the Chairman justify zero rate policy and deficit monetization with inflation roaring at > 5 percent. It would be entertaining, if it weren’t so damaging. Where To Inflation? Here’s a pretty … Continue reading →