Category Archives: China

World’s Richest Women Are Chinese

Posted on October 12, 2010 by macromon

The FT published an interesting piece on the world’s richest women, which came as a surprise: The world’s three richest women are Chinese – as are 11 of the top 20 – according to the Hurun List of Self-Made Women … Continue reading →

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Europe’s Ricardian Equivalence vs America’s Keynesianism

Posted on October 11, 2010 by macromon

We thought this to be the most interesting chart of the recently released World Economic Outlook from the IMF.  Japan’s 2011 public sector funding requirement is a stunning 60 percent of GDP, which includes the rollover of maturing debt equivalent … Continue reading →

Posted in Bonds, BRICs, China, Commodities, Credit, Currency, Monetary Policy, Politics, Sovereign Risk | Tagged , , , , , , | 7 Comments

Let the year-end chase begin

Posted on October 11, 2010 by macromon

Great heat map of the ETF space YTD performance.   Precious metals, real estate, Hong Kong, India, and some selected Asian ETFs have been been on fire this year.  Rather than chasing the winners,  under invested capital will most likely be … Continue reading →

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Geithner’s Naughty List?

Posted on October 10, 2010 by macromon

Look no further than the Economist’s Big Mac Index to understand who is on the Treasury’s Naughty List.  It uses July exchange rates,  so a bit dated as the most recent currency moves are not included. Interestingly,  Japan and Brazil … Continue reading →

Posted in BRICs, China, Commodities, Currency, Monetary Policy, News, Policy, Politics, Sovereign Risk | Tagged , , , , , | 1 Comment

Fed, ECB throwing world into chaos – Stiglitz

Posted on October 5, 2010 by macromon

These are the headlines from an earlier Reuters report.   Joe Stiglitz is one smart dude (OSD) and was the World Bank’s chief economist during the 1997 Asian Financial Crisis and 1998 Russian Debt Default.   He says the ultra-loose monetary policy … Continue reading →

Posted in Black Swan Watch, Bonds, BRICs, China, Commodities, Credit, Currency, Geopolitical, Gold, Monetary Policy, News, Policy, Politics | Tagged , , , , , , | 3 Comments

Breakup of the Euro isn’t unthinkable – Peer Steinbrueck

Posted on October 4, 2010 by macromon

Peer Steinbrueck, who served as finance minister under Angela Merkel from 2005 to 2009, has published, Unterm Strich (“On Balance”), his insider view of the financial crisis. It looks to be a fascinating read.  Bloomberg has a great first look: … Continue reading →

Posted in Black Swan Watch, Bonds, China, Credit, Geopolitical, Monetary Policy, Policy, Sovereign Risk | Tagged , , , , | Leave a comment

What is Spec? Baby, don’t hurt me, don’t me. No more!

Posted on September 29, 2010 by macromon

Molycorp (MCP) and the rare earthers are getting hammered again today on reports that China has lifted the ban on REEs to Japan.   [Schrödinger’s] cat is out the bag and to think it is business as usual is complete nonsense.   … Continue reading →

Posted in China, Commodities, Equities, Gold, Rare Earth Elements | Tagged , , | 1 Comment

The New Gold Rush?

Posted on September 28, 2010 by macromon

Rare Earth (REE) stocks,  including Molycorp,  got hammered today and we added a little to our position.  These  stocks are over extended as most are up over 100 percent in the past month. We believe this story has legs and … Continue reading →

Posted in Black Swan Watch, China, Commodities, Equities, Geopolitical, Gold, Rare Earth Elements | Tagged , | 3 Comments

Rare Earth Day

Posted on September 27, 2010 by macromon

Rare Earth Elements (REE) have shown up on our radar as shares of Molycorp (MCP), one of the largest and only producers outside China,  has doubled in the past month.   REEs have no substitutes and are critical material inputs for … Continue reading →

Posted in Black Swan Watch, China, Commodities, Equities, Geopolitical, Rare Earth Elements | Tagged , , , | 2 Comments

Soft Landing in the Chinese Property Market

Posted on September 26, 2010 by macromon

Andy Xie, the former Morgan Stanley economist and one smart dude, pens a great piece for Bloomberg on the Chinese property and reverses his previous view of an imminent crash. The fallout from a potential hard landing in China’ s … Continue reading →

Posted in China, Commodities, Gold, Whales | Leave a comment