Category Archives: Economics

This “Chinese Hoax” Is Already Getting Old But Just Beginning

Posted on November 19, 2019 by macromon

The concept of global warming was created by and for the Chinese in order to make U.S. manufacturing non-competitive. — Donald J. Trump (@realDonaldTrump) November 6, 2012 Our power is going to be shut off again.  That’s three times in … Continue reading →

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World Growth Projections – IMF

Posted on November 19, 2019 by macromon

In case you missed the IMF World Economic Outlook (WEO) growth projections,  here you have it.  Forecasts are a guide, not a constitution.  

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COTD: Recession Triggers

Posted on November 19, 2019 by macromon

COTD = Chart of the Day Nice chart from Mark Zandi from Moody’s Analytics.

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GDP Now Takes Q4 Forecast Down To 0.3 Percent From 1.0 Percent

Posted on November 15, 2019 by macromon

The Atlanta Fed’s GDPNow dropped its forecast of Q4 growth to just 0.3% from 1.0 percent. The New York Fed’s GDP Nowcast is showing a gain of 0.4%. Today’s two economic releases indicating lackluster retail sales, consumers purchases of big-ticket … Continue reading →

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World’s Fastest-Growing Economies – October 2019

Posted on November 12, 2019 by macromon

We have updated the GDP growth rates for the 2019 and the 2020 forecasts and ranked the world’s fastest-growing economies in the ginormous table below.  The data are from the October 2019 IMF’s World Economic Outlook. Note, even though India … Continue reading →

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Unit Labor Costs Hit 5-year High

Posted on November 6, 2019 by macromon

Back in the day, before the Great Flood [of Liquidity] and the “world went mad,” the productivity and unit labor cost release could really move the stock market.  I mean, really move the market.  The connection is through expected margins and … Continue reading →

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Back Home And Powered Up

Posted on October 31, 2019 by macromon

I Nice to be back home with the power on.  We were under mandatory evacuation since early Sunday morning and have been without power for almost a week. Thanks to our readers for all the support. We sense a real … Continue reading →

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San Francisco Is The Tale Of Two Cities

Posted on October 23, 2019 by macromon

Q:  Why does San Francisco have so many homeless? A:   Because the City has so many billionaires.  I once had a Twitter war with a Canadian, who was spewing some nonsense from a wing-nut article that San Francisco was a … Continue reading →

Posted in Economics, Equities, Uncategorized | Tagged , | 20 Comments

How Far Can The Stock Market Run?

Posted on October 14, 2019 by macromon

Updated:  October 15 Very little to the upside.  Very much to the downside. Macro Valuation Metrics Lots of incoming over our S&P Shooting Star post, most of which can mostly be summed up to the effect, “Why so bearish?” Seriously?  … Continue reading →

Posted in Economics, Equities, Uncategorized | Tagged , , | 75 Comments

Wealth Distribution In America

Posted on October 1, 2019 by macromon

In keeping the commitment we made to our readers in the post, America’s Perilous Path Of Wealth Distribution,  we follow up with some additional and interesting data on wealth distribution in the United States.    If you haven’t read Sunday’s post, run don’t … Continue reading →

Posted in Economics, Uncategorized | Tagged | 6 Comments