Category Archives: Economics

Great Escape: 63 M Spend 15 min per Day as Pretend Farmers

Posted on August 16, 2011 by macromon

Cool infographic from the Atlantic on The American Identity According to Social Media. Americans are followers: Nearly half of all Americans are now members of at least one social network, double the proportion of just two years ago. Americans have … Continue reading →

Posted in Charts, Demographics, Economics, General Interest | Tagged , , | Leave a comment

The Tale of Two Americas

Posted on August 5, 2011 by macromon

We were at Borders books today as they liquidate the last of their inventory.  They’re literally selling the furniture, including the local store’s commercial espresso maker for $3,000.   The place was fairly busy, which goes to show robust spending … Continue reading →

Posted in Economics, Employment | Tagged , , , | 1 Comment

Trannie Swan Dive to Take Down Crude Oil

Posted on August 2, 2011 by macromon

The Dow Transportation Index was down almost 4 percent today and if there is any silver lining  in the current market turmoil is that Trannies usually lead crude down, which will drop gas prices.  The chart below shows the 12.2 … Continue reading →

Posted in Charts, Crude Oil, Economics, Energy | Tagged , , , | 1 Comment

When Apple Leads….

Posted on July 7, 2011 by macromon

Apple is up almost 15 percent off  the June 20th low of 310 and leading the overall market higher.  This is the stock’s best move since last September.  We’ve posted several pieces on Apple’s market leadership (click here).  With no … Continue reading →

Posted in Apple, Black Swan Watch, BRICs, Budget Deficit, Charts, Economics, Sovereign Debt, Sovereign Risk | Tagged , , | 2 Comments

Market Price Action and “Retrofitting the Fundamentals”

Posted on July 5, 2011 by macromon

Amazing how all is well with global economy after a 7 percent rally in the S&P500.  We have a very smart friend who constantly reminds us that many, if not, most,  “retrofit” fundamentals to market direction.   If markets are going … Continue reading →

Posted in Economics | Tagged , | 1 Comment

Is the Fed the World’s Largest Fixed-Income Hedge Fund?

Posted on June 24, 2011 by macromon

The following data is taken from Congressional testimony of the well respected banking analyst, Bert Ely, illustrates how the Federal Reserve has gone from being a taxpayer subsidized monetary authority to one of the world’s largest and most profitable bank/fixed-income … Continue reading →

Posted in Bonds, Economics, Inflation/Deflation, Monetary Policy | Tagged , , , | 6 Comments

Debt and Leverage in Advanced Economies

Posted on June 20, 2011 by macromon

The following is one of the most comprehensive snapshots of relative debt and leverage in the major advanced economies.   The source of the table is the IMF’s Global Financial Stability Report (page 11). We find interesting that U.S. debt held … Continue reading →

Posted in Bonds, Budget Deficit, Charts, Economics, Sovereign Debt, Sovereign Risk | Tagged , , , , , | 3 Comments

U.S. Macro in Three Charts: Credit Flows

Posted on June 13, 2011 by macromon

The U.S. is suffering from insufficient aggregate demand the result of the bursting of the 2004-07 credit bubble.   The consumer led economy financed by borrowing, much of it backed by home equity,  has given way to massive private sector deleveraging … Continue reading →

Posted in Economics, Fiscal Policy, Monetary Policy, Sovereign Debt, State and Local Government | Tagged , , , | 3 Comments

Jackie Moon’s Lehman Moment

Posted on June 12, 2011 by macromon

We love allegories.  The Wizard of Oz was, many believed, an allegory  of the political and economic times of the 1890s.  Wikipedia observes the “Yellow Brick Road” represented the gold standard, and “the silver slippers the Silverite sixteen to one … Continue reading →

Posted in China, Economics, Uncategorized | Tagged , , | 5 Comments

Moving Day?

Posted on June 11, 2011 by macromon

We want to clarify and answer some of the questions that have come in about the phrase “Moving Day for the Administration” in our prior post.   We surely did not mean the administration will or should be moving from the … Continue reading →

Posted in Economics, Fiscal Policy, Politics | Tagged , , | Leave a comment