Category Archives: Economics

Bad Look Of High Stock Prices & High Unemployment

Posted on May 8, 2020 by macromon

In a few hours, the BLS will release the employment situation for April, which will illustrate the devastation the COVID crisis has inflicted on the U.S. labor market.  Since the crisis began 30 million plus American workers have filed for … Continue reading →

Posted in Economics, Economist, Politics, Uncategorized | Tagged , , , | 16 Comments

The Plan Is, There Is No Plan

Posted on April 21, 2020 by macromon

None, nada, just more Potemkin noise, the hallmark of this administration, coupled with massive gaslighting.  It’s up to the Governors now to get it right and land the plane. The Trump campaign strategy now seems to be keep whiping up the … Continue reading →

Posted in Economics, Policy, Politics, Uncategorized | Tagged , | 7 Comments

The Macroeconomy and COVID-19

Posted on April 17, 2020 by macromon

Here’s some homework and learning material for the weekend from the Centre for the Study of Financial Innovation. I haven’t watched the video in full but George Magnus, who I worked with at UBS, is always a must listen and … Continue reading →

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IMF Growth Projections

Posted on April 14, 2020 by macromon
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It’s Truly Going To Be Different This Time

Posted on April 5, 2020 by macromon

Can’t you just feel the political winds blowing as exemplified in this bloke’s timeless rant and with my grandmother’s brogue (Flynn of County Cork, btw)? Trump was has been just a Trojan Horse for the 0.1 percenters as a check to … Continue reading →

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Meet Me In St. Louis Not On The Streets Of Philadelphia

Posted on March 14, 2020 by macromon

Source: Shane Oliver  @ShaneOliverAMP This is about as close as we will get to a pure lab experiment measuring the efficacy nonpharmaceutical interventions (NPIs) intended to reduce infectious contacts, folks. The 1918 influenza pandemic resulted an estimated 500,000–675,000 deaths in … Continue reading →

Posted in Coronavirus, Economics, Politics, Uncategorized | Tagged , , | 1 Comment

Stages Of A Pandemic: Denial, Panic, Fear, and Rationality

Posted on March 7, 2020 by macromon

We’ve been accused of panicking. It just ain’t so, Joe, as our M.O. is to try and panic before everyone else. What will be the big negative shock that shakes the tree loose?   Your guess is as good as ours … Continue reading →

Posted in Economics, Equity, Uncategorized | Tagged , | 4 Comments

Coronavirus, You’re On Your Own

Posted on February 29, 2020 by macromon

Say what you will about Chris but he has nailed the coronavirus from the beginning.

Posted in Black Swan Watch, Economics, Uncategorized | Tagged , | 3 Comments

Are We Cheap Yet?

Posted on February 28, 2020 by macromon

One helluva weak week for the stock market.  Three of the five largest Dow point flops in history.  Yes, we have already been lectured like a little schoolboy by the Twitterati geniuses “it is the percentage drops that count.”  No … Continue reading →

Posted in Black Swan Watch, Economics, Uncategorized | Tagged , , , | 17 Comments

S&P’s Beastly Streak: Five Consecutive Red Candlesticks

Posted on February 26, 2020 by macromon

Extremely ugly price action today with the S&P reversing a 54.30 point gain to close down 11.82 points, carving out a 5th consecutive red daily candlestick. Such an ungodly losing streak is relatively rare and has not happened since the … Continue reading →

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