Category Archives: Uncategorized

Ownership And Profile Of The Corporate Bond Market

Posted on January 23, 2019 by macromon

Summary Nonfinancial corporates have amost doubled their stock of outstanding bonds since the GFC moving from 19.5 percent of GDP in 2007 to 26.5 percent in Q3 2018 Conversely,  the domestic financial sector has been delevering, reducing bond debt by … Continue reading →

Posted in Bonds, Uncategorized | Tagged , , | 2 Comments

Divining POTUS Tweets

Posted on January 23, 2019 by macromon

The new haruspicy. What keeps a short seller up at night?  What else?  POTUS tweets! Is this a signal he is ready to cave on the shutdown? I look forward to giving a “great” State of the Union Address in … Continue reading →

Posted in Politics, President Trump, Uncategorized | Tagged | Leave a comment

Getting Short S&P500

Posted on January 23, 2019 by macromon

Selling 5 contracts at the open of the overnight session.  Back to you with levels.

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Reskilling The American Workforce

Posted on January 23, 2019 by macromon

The future is here, folks. We better start thinking big and bold, beginning with huge investments in human capital.  A new Marshall Plan for the American educational system. Python is not a difficult coding language to learn and the basics … Continue reading →

Posted in Employment, Technical Analysis, Uncategorized | Tagged , | 1 Comment

This Day In Financial History – Jan 23

Posted on January 23, 2019 by macromon

From the Great Jason Zweig January 23: 1987: Daily trading volume on the New York Stock Exchange exceeds 300 million for the first time, as 302.4 million shares change hands. Museum of American Financial History; http://www.nyse.com/marketinfo 1932: The Reconstruction Finance Corp. is created … Continue reading →

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Global Risks 2019 – World Economic Forum

Posted on January 22, 2019 by macromon

Nice chart and table of what the World Economic Forum (WEF) deems as the major risks with their respective probabilities for the coming year.  Environmental, global warming and cyber are the most likely high impact events, complicated by a backdrop … Continue reading →

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Bolsonaro speaks at Davos, World Economic Forum

Posted on January 22, 2019 by macromon
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S&P500 Key Levels

Posted on January 22, 2019 by macromon

The S&P gave up 22 percent of its 6.54 percent YTD gain today. We nailed it in our 3 AM post, The Increasing Risk of A Major China Trade Debacle, Look to the government shutdown as your template as to how Trump … Continue reading →

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The Increasing Risk of A Major China Trade Debacle

Posted on January 22, 2019 by macromon

In case you missed our Week In Review, let us reiterate our concern about a potential major debacle in the U.S.-China trade negotiations. It appears President Trump and his negotiating team have, once again, painted themselves into a corner with … Continue reading →

Posted in China, Uncategorized | Tagged | 2 Comments

The Greatest MLK Weekend Of All-Time

Posted on January 21, 2019 by macromon

During my Lehman days as a bond strategist, the firm’s research group would do a January roadshow in many of America’s major cities to present our ideas to institutional investors.   One particular year, we were in Atlanta at the end … Continue reading →

Posted in Politics, Uncategorized | Tagged , , | 7 Comments