Category Archives: Uncategorized

Moving Into Resistance

Posted on August 19, 2019 by macromon

We see a lot of bears wearing the above Tee these days. This post will be short and sweet as we are getting ready to board a long flight and will be radio silent until next month. As we expected … Continue reading →

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Now For Some Good News On Trade

Posted on August 19, 2019 by macromon

WASHINGTON — Amid President Donald Trump’s trade war with China, nearly two-thirds of Americans say they support free trade with foreign countries, according to the latest national poll from NBC News and the Wall Street Journal. That represents a new high in the NBC/WSJ survey … Continue reading →

Posted in Trade War, Uncategorized | Tagged | 4 Comments

Walmart Nation: Visual Capitalist

Posted on August 18, 2019 by macromon

Some more context to our last post, Trouble Coming To Walmart Nation? Man, the content at the Visual Capitalist is good!  

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Trouble Coming To Walmart Nation?

Posted on August 18, 2019 by macromon

Not so much for Walmart shareholders after the company beat estimates late in the week helping the stock (WMT) to close on Friday 7.7 percent off its low for the week.  MarketWatch notes the big-box retailer was helped by automation. … Continue reading →

Posted in Employment, Uncategorized | Tagged , | 31 Comments

Fake Waves: Surf’s Up

Posted on August 17, 2019 by macromon

Beach Boys need to make a song about this one… Amazing pic.twitter.com/xEdtL50o0h — Physics-astronomy.org (@OrgPhysics) August 17, 2019

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“Fake Economic Data”: We Did Warn You

Posted on August 16, 2019 by macromon

It was so predictable. Furthermore, it’s only a matter of time before our national economic data is labeled fake news and the product of manipulation by the “deep state.” Dig deeper and sharpen your pencils, folks.  – GMM, May 7th … Continue reading →

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The Short-Term Heavy Treasury Curve

Posted on August 15, 2019 by macromon

Before reading further we suggest you look at our latest post, The Perversion Of The Yield Curve Inversion, for some context.   Gravitational Pull Toward Curve Flattening And Inversions Note the structure of the Treasury curve in terms of the amount of … Continue reading →

Posted in Bonds, Uncategorized | Tagged | 3 Comments

The Perversion Of The Yield Curve Inversion

Posted on August 15, 2019 by macromon

We should be on vacation but it never fails that volatility spikes as soon as we leave our desk.   It must be the Ides Of August. Wait, it is.  Et tu Brutal! Nevertheless, we can’t help ourselves and have to … Continue reading →

Posted in Bonds, Fed, Uncategorized | Tagged , | 3 Comments

More Monetary Insanity & The Negative Yielding Bond Bubble

Posted on August 13, 2019 by macromon

Had to get this last one in before we hit the surf. We like to look at the Cleveland Fed’s Median CPI calculation as it removes monthly outliers that can pull the averages up or down.  It hit a 10-year … Continue reading →

Posted in Bonds, Inflation/Deflation, Uncategorized | Tagged , | 3 Comments

It’s That Time…

Posted on August 13, 2019 by macromon

Time for the summer holiday, folks. Happy hunting. See you in September.  

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