Category Archives: Uncategorized

The Stock Market’s Key GPS Coordinates

Posted on February 25, 2020 by macromon

Ugly two daze of trading.   In fact, two of the four largest point drops in the history of the Dow Jones Industrial Index.   The S&P500 is now sitting right on a key Fib level at 3124.74. Now What? A  bounce … Continue reading →

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Curse Of The Magazine Cover Strikes Again!

Posted on February 24, 2020 by macromon

Wow, the Economist had almost perfect timing. After publishing the following cover on Thursday, the Nasdaq 100 is down 7 percent in two days.   Regression To The Mean So, is there anything to the Magazine Cover Jinx?    We … Continue reading →

Posted in Black Swan Watch, Equities, Housing, Inflation/Deflation, Uncategorized | Tagged , , , , | 1 Comment

Stonks Finally Mugged By A Dose Of Reality

Posted on February 24, 2020 by macromon

After watching this incredible bubble go up every-freaking-day and the speculative fever feed on itself, the market finally got its reality check today. Tied For Second Largest Point Drop (rounding up) Today’s flop marks only the third time in history … Continue reading →

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How Broken Are The Markets? This Broken…

Posted on February 24, 2020 by macromon

Completely FUBAR… https://twitter.com/vixcontango/status/1231956336331587584?s=21

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Why We’re Big Fans Of Johnny “Cash”

Posted on February 20, 2020 by macromon

Of course, if Larry M.’s Lehman-like drawdown scenario is realized, haven flows and shorts will pile into long-notes and bonds as a proxy short but we have no interest in trading fixed-income securities with a 100 bps negative real yield. … Continue reading →

Posted in Bonds, Equities, Uncategorized | Tagged , , , | 7 Comments

COTD: Bank Lending Divergence

Posted on February 18, 2020 by macromon

COTD = Chart of the Day Big divergence in bank lending to consumers and businesses.  Consumer lending y/y growth fairly steady but hard to tell what is causing the steep fall-off in the growth of lending to the corporate sector.  … 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 →

Posted in Bitcoin, Economics, Uncategorized | Tagged , | 2 Comments

Now, Which POTUS Inherited A Mess?

Posted on February 17, 2020 by macromon

Wow! President Trump likes to repeat the fictitious notion he inherited an economic mess but his hair is on fire over Obama’s factually based tweet this morning. Eleven years ago today, near the bottom of the worst recession in generations, … Continue reading →

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Two Charts Keeping Us On The Beach

Posted on February 17, 2020 by macromon

I’ve seen fire and I’ve seen rain.  I’ve seen manias the public thought would never end. Until they do. This ain’t our first rodeo.  We have seen these types of asset bubbles many times during our career, especially when you … Continue reading →

Posted in Equities, Housing, Inflation/Deflation, Uncategorized | Tagged , , , | 10 Comments

The Clash Of Generations

Posted on February 16, 2020 by macromon

https://twitter.com/bullyesq/status/1229124747189014528?s=21

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