Category Archives: Economics

Be Skeptics Of Macro Data In The Two-Speed Economy

Posted on September 14, 2019 by

Dig deeper, folks. Our good friend, David Jones, sent the following IBD piece over this evening. If you been following GMM over the past week, you know we are knee-deep in the Federal Reserve’s distribution of wealth data (see our … Continue reading →

Posted in Economics, Uncategorized | Tagged , , | Leave a comment

The Global Consequences Of A Narcistic And Incompetent POTUS

Posted on August 12, 2019 by

The world is starting to move sideways. The market talking heads are so clueless. It’s almost laughable listening to them trying to explain away in isolation how the pieces of the puzzle are starting to converge that will or already … Continue reading →

Posted in Economics, Geopolitical, Uncategorized | 1 Comment

China Trade Talks And The Cuban Missile Crisis

Posted on August 7, 2019 by

We find it interesting that many accuse us of being China apologists because we have concluded from our analysis long ago that President Trump is taking the wrong approach in dealing with the Middle Kingdom.   No argument here we have … Continue reading →

Posted in Economics, Uncategorized | Tagged , | Leave a comment

A Short Stay At The Bear Trap Inn

Posted on August 2, 2019 by

As we suspected in last night’s post, A break of today’s low at 2945.23 cinches a beeline move to the 50-day, where algos will likely set their bear trap and try and bounce the market.  We expect a feeble bounce at best, … Continue reading →

Posted in Economics, Equities, S&P500, Uncategorized | Tagged , , , , | Leave a comment

Small Car Big Car: Preferences Or Relative Price?

Posted on July 14, 2019 by

To paraphrase Freud (maybe), Sometimes the economics is just the economics.         

Posted in Economics, Uncategorized | Tagged , | Leave a comment

Dollar Impact On U.S. Manufacturing Employment

Posted on July 8, 2019 by

We have been busy on a piece evaluating the U.S. economy under the first 29 months of the Trump administration.  As I used to bark out selling programs as a young kid at Dodger Stadium, “You can’t tell the players … Continue reading →

Posted in Dollar, Economics, Uncategorized | Tagged , , , | 13 Comments

How Pepsi Once Became The World’s 6th Largest Military

Posted on July 2, 2019 by

The days of the barter economy. We had to do a double take with this tweet.  Even fact checked it. I had a twitter debate last month with someone comparing current day China with the Soviet Union before the collapse … Continue reading →

Posted in Economics, Geopolitical, Uncategorized | Tagged , , | 14 Comments

On This Day: One Wrong Turn & History’s Biggest “Butterfly Effect”

Posted on June 27, 2019 by

This post seems more relevant than ever as many believe the initial conditions of today are very similar to those of the Spring and Summer of  1914. One wrong turn, one small change in initial conditions can change the course … Continue reading →

Posted in Economics, Geopolitical, Uncategorized | Tagged , , | 16 Comments

The Snowflake Economy & Market

Posted on June 25, 2019 by

Don’t talk to me about snowflakes.  I have one daughter in college and one about to enter and we have had some very interesting and, let’s just say loud, discussions about free speech,  triggers, snowflakes, and safe spaces.   On one … Continue reading →

Posted in Economics, Politics, Uncategorized | Tagged , , , , | 14 Comments

When 50 Percent Of U.S. Households Were Insolvent

Posted on June 18, 2019 by

Not that long ago, by the way. My good friend, David Jones, sent over some new data this past weekend.  We have been busy. Our First Take Not a lot of prose tonight as we will let the data and … Continue reading →

Posted in China, Economics, Policy, Politics, Uncategorized | Tagged , , , | 1 Comment