Category Archives: Economics

The Supply Chain Gangbangers

Posted on February 26, 2020 by macromon

I had a conversation last night with a friend who works in construction management. She said her side of the business is screeching to a halt as the company can’t get materials and furniture out of China.   True story. WTF?  … Continue reading →

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Coronavirus Pandemic: The Next Two Weeks Are Critical

Posted on February 18, 2020 by macromon

Chris Martenson. Ph.D. from Duke in Toxicology is very good on this topic and one of the first out with a correct analysis of the coronavirus.  We posted his first video when there were only a few thousand cases reported. … Continue reading →

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COTD: Coronavirus Risk To Manufacturing

Posted on February 15, 2020 by macromon

The holiday is over, but few people are back in offices and factories…the effects of covid-19 will be like those of SARS in 2003: a sharp shock to Chinese growth, followed by a strong rebound. But SARS may not be a … Continue reading →

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

Tesla Is Off The Charts

Posted on January 29, 2020 by macromon

Tesla is gapping up 12% after hours after releasing earnings. We know several shorts who have been destroyed over the past six months.   The stock is up 270 percent from its June lows.  Rather stunning. This comes after the company … Continue reading →

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Global Auto Sector Hit Hard By Coronavirus

Posted on January 25, 2020 by macromon

By Taleb’s pure definition, the Coronavirus is a true “Black Swan.” The first cases of the pneumonia-like coronavirus were reported in Wuhan, China on Dec. 31, 2019. Since then, the virus has spread to various other countries, including Thailand, Japan, … Continue reading →

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Very Informative Update On Coronavirus

Posted on January 25, 2020 by macromon

 

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Creative Destruction 3.0 Meets Roaring ’20s 2.0

Posted on January 2, 2020 by macromon

Creative destruction refers to the incessant product and process innovation mechanism by which new production units replace outdated ones. It was coined by Joseph Schumpeter (1942), who considered it ‘the essential fact about capitalism’. The process of Schumpeterian creative destruction … Continue reading →

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Why The Stock Bull Is A Big Meh For Most Americans

Posted on December 5, 2019 by macromon

Interesting piece by the FT today that only one-third of Americans feel the benefits of the great bull market.   Only 40 percent of the population realizes stocks are up for the year.  These are tough numbers for a so-called “populist” … Continue reading →

Posted in Economics, Equities, Quotes, Uncategorized | Tagged | 31 Comments

Manufacturing Sector Contraction Continues, Led By New Orders – ISM

Posted on December 2, 2019 by macromon

Of the 18 manufacturing industries, five reported growth in November: Apparel, Leather & Allied Products; Food, Beverage & Tobacco Products; Paper Products; Miscellaneous Manufacturing; and Computer & Electronic Products. (Tempe, Arizona) — Economic activity in the manufacturing sector contracted in November, and … Continue reading →

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Discipline Trumps Conviction

Posted on November 25, 2019 by macromon

Today’s close above 3125 takes us out of our short position, which we started scaling into at 3025.  We are still fairly confident that this market can be bought at much lower prices at some point in the next 18 … Continue reading →

Posted in Economics, S&P500, Uncategorized | Tagged | 5 Comments