Category Archives: Commodities

Chart of the Day: Euro Oils Play Catch-up

Posted on January 16, 2011 by macromon

Big move in some of the European integrated oils last week.  Some have underperformed their American competitors by as much as 30-40 percent, which is more than explained by a weaker Euro.  If the market has been pricing a sovereign … Continue reading →

Posted in Commodities, Crude Oil, Equities, Euro | Tagged , , | Leave a comment

The Week in Review: Waiting for Godot

Posted on January 15, 2011 by macromon

This market just won’t quit!  The S&P500 hasn’t had a one percent correction since November 23rd and those waiting for a better entry just keep waiting and waiting and waiting.  France’s CAC was the best weekly performer of the major … Continue reading →

Posted in Apple, Bonds, BRICs, Charts, China, Commodities, Energy, Equities, Euro, Week in Review | 1 Comment

Greatest Arb Ever: Cracking Gas into Big Macs

Posted on January 12, 2011 by macromon

OK, time for a little fun.  You can try this and let us know if it works. Almost everything today comes down to energy, right? The rise in food prices is really nothing more than an energy problem.   After all, … Continue reading →

Posted in Commodities, Crude Oil, Economics, General Interest | Tagged | 5 Comments

What You’re Paying For in a Gallon of Gas

Posted on January 12, 2011 by macromon
Posted in Commodities, Crude Oil | Tagged | 1 Comment

Chart of the Day

Posted on January 12, 2011 by macromon

This chart is a CRACK up, but not for drivers and the economy.  Where’s the “tipping point“?

Posted in Commodities, Crude Oil | Tagged , | Leave a comment

Gold a Bubble? Think Again!

Posted on January 12, 2011 by macromon

Think gold is a bubble driven only by animal spirits and speculation?  We think not and have consistently maintained the fundamental driver of gold has been the massive accumulation of foreign exchange reserves by global central banks and their need … Continue reading →

Posted in BRICs, Commodities, Crude Oil, Gold | Tagged , | 13 Comments

The [First] Week in Review: A Capital Flows Sandwich?

Posted on January 7, 2011 by macromon

Not a bad start to the year if you were in the right space.  A Frenchman with a long position in “Apple the Sovereign” was up over 8 percent in Euros.   Note, Apple rose another $2.00 to $338 after Friday’s … Continue reading →

Posted in Apple, Bonds, Charts, China, Commodities, Currency, Economics, PIIGS, Sovereign Debt, Sovereign Risk | Tagged , , , , , , , | Leave a comment

Direction of Crude Oil? Watch the Trannies…

Posted on January 6, 2011 by macromon

This is a great piece and chart by Rigzone sent to us by Dougie, one of the smartest energy hedge fund energy traders out there.  You should know by now that canaries are our favorite bird, with the Hang Seng index … Continue reading →

Posted in Commodities, Crude Oil | Tagged , , | 1 Comment

Risk 2011: Fate of Commodities in China’s Hands

Posted on January 4, 2011 by macromon

We begin our analysis with a little perspective on how we view the crisis.   The pre-crisis global aggregate demand was primarily driven by an over leveraged U.S. consumer, who was spending “fake wealth” created by a housing bubble financed by … Continue reading →

Posted in Black Swan Watch, China, Commodities, Credit, Crude Oil, Equities, Monetary Policy, Sovereign Risk | Tagged , , , , | Leave a comment

Nonlinear Thinking: Synthetic Palladium

Posted on January 3, 2011 by macromon

Linear thinking dominates economics and finance and was one of root causes of the recent financial crisis.  It is clear to us, the economy and financial markets are nonlinear systems.  In hindsight,  the collapse of the financial system showed risk … Continue reading →

Posted in Apple, Clean Tech, Commodities, Economics, Policy, Rare Earth Elements, Technology | Tagged , | Leave a comment