Category Archives: Fiscal Policy

Macedonians protest government overspending

Posted on December 29, 2012 by macromon

Now this is different!  If only……….. Macedonians have marched against the government in the capital, Skopje, but unlike the rest of Europe – its not against austerity cutbacks. Demonstrators accuse the authorities of going on a spending spree which they … Continue reading →

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On The Edge

Posted on December 28, 2012 by macromon

(click here if infographic is not observable)

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Market Dances to the Tweet of a Cantor

Posted on December 27, 2012 by macromon

Nice reversal! House Majority Leader, Eric Cantor, may not be able to move votes, but he certainly moved the market and gave investors a nice Christmas tweet at 3:05 pm today. Not expecting anything big,  however.  Just a bridge to … Continue reading →

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Cue ‘Plan C’ Cliff Aversion Scheme

Posted on December 22, 2012 by macromon

President Obama proposed a package of middle-class tax cuts and unempoyment benefits as a temporary solution to the looming ‘fiscal cliff.’ White House correspondent David Nakamura says Republicans may face pressure to pass the measure. Hope the pols have, at … Continue reading →

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Feliz Navidad! Not!

Posted on December 20, 2012 by macromon

Leave it to the pols to ruin Christmas.   Now it’s either a purely Democratic cliff bill or nuttin’, honey.    Good luck passing the debt ceiling. The House Republican Conference turned its back on Speaker John Boehner Thursday, forcing GOP … Continue reading →

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Repressed Fear

Posted on December 19, 2012 by macromon

This nice chart comes to us from the  Leuthold Group via Bloomberg.   It illustrates that market fear or risk aversion is at its lowest levels since the 1980’s!  Yikes! The Leuthold Group constructs their Risk Aversion Index (RAI) with a … Continue reading →

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Angry Washington Elves Take Down Market, VIX spikes

Posted on December 19, 2012 by macromon

He’s an angry elf. – Buddy,  Elf Leave it to the politicos.   They were the windshield,  we, the bug today. Doesn’t seem like they are gonna move and get it done. The VIX was up almost 12 percent today, the … Continue reading →

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Staring Down the Cliff

Posted on November 29, 2012 by macromon

Nice chart from the Economist laying out the impact of the automatic tax hikes and spending cuts to begin on January 1st if Congress and Administration cannot reach a compromise. (click here if chart is not observable)

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Negotiating the Fiscal Cliff w/ Infographics

Posted on November 21, 2012 by macromon

On Monday we noted the cheeky tweet sent out by House speaker,  John Boehner, asking where were the President’s spending cuts.   We just received this through a robo e-mail from Obama for America. We’re starting sense the Kumbaya good feelings … Continue reading →

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Negotiating the Fiscal Cliff on Twitter

Posted on November 19, 2012 by macromon

Times they are a-changin’. House Speaker,  John Boehner,  just tweeted this (around 2:55 PM eastern):

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