Category Archives: Uncategorized

S&P500 Flirting With Key Support

Posted on October 11, 2018 by macromon

The S&P500 moved through its 200-day moving average this morning and has bounced almost 20 points back above the low for a day back through the 200-day .   Since early 2016, the 200-day has acted as steel support for stocks, … Continue reading →

Posted in Equities, Uncategorized | Tagged , | 2 Comments

Tail Event Day: -3.29% S&P500 and +1.7 bps 10-year Yield

Posted on October 10, 2018 by macromon

Something is rotten in the U.S. bond market, which is irritating the stock market, to say, the very least. Today’s 3.29 percent flop in the S&P500, coupled with a 1.7 bps rise in the 10-year yield, is very rare, and … Continue reading →

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QOTD: Slouching Toward A Banana Republic

Posted on October 10, 2018 by macromon

Could it be the markets are instead revolting against President Trump’s fiscal profligacy, and beginning to price in a potential debt crisis/major interest rate spike?   Just askin’. “I think the Fed is making a mistake. They are so tight. I … Continue reading →

Posted in Equities, Fed, Interest Rates, Monetary Policy, Uncategorized | Tagged , | 3 Comments

Biblical Breakout In 10-year Yields

Posted on October 10, 2018 by macromon

Breaking out of an almost 40-year downward channel.  Don’t think higher rates are about to enter the “promised land” with public debt over 100 percent of GDP The number forty can also represent a generation of man. Because of their … Continue reading →

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Lavender Wave Still Cometh

Posted on October 9, 2018 by macromon

Massive Lavender Wave Coming In November We believe there will be a massive “lavender wave,” in the November midterms.  Lavender is the color combination of pink and blue. …In elections, women are also more likely to vote in higher numbers and … Continue reading →

Posted in Crude Oil, Politics, Uncategorized | Tagged , , , , , | 3 Comments

QE’s Fading Legacy Moving Long Yields Higher

Posted on October 9, 2018 by macromon

Summary The legacy of the Fed’s QE is fading in the bond auctions For the first time in several years, SOMA did not and will not participate in any of the September or October Treasury auctions The Treasury has to … Continue reading →

Posted in Debt, Fed, Fiscal Policy, Interest Rates, Uncategorized | Tagged , , | 3 Comments

World’s Fastest Growing Economies In 2018 & 2019

Posted on October 9, 2018 by macromon

The latest data just released from the IMF. We have updated the 2018 and 2019 annual GDP forecasts of the world’s country GDPs in our ginormous table below. The data are from the recent release of the October  2018 IMF’s World Economic … Continue reading →

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Fighting Back

Posted on October 8, 2018 by macromon

  Love this. Role reversal 👌👍 pic.twitter.com/bWF4Hsx9Ew — Angie KaranⓋ🌱 (@angie_karan) October 6, 2018  

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Manufacturing Employment Growth During President Trump

Posted on October 7, 2018 by macromon

After Friday’s jobs report, we thought it is time to dig deeper into employment growth in the manufacturing sector. Manufacturing Jobs Matching Growth In Total Nonfarm Payrolls Contrary to popular belief, the data show that job gains in the manufacturing … Continue reading →

Posted in Employment, Uncategorized | Tagged , | 6 Comments

Week In Review – October 5

Posted on October 7, 2018 by macromon

Summary Ugly week for Global Bonds.  Run to our Sept 23rd post, The Gathering Storm in the Treasury Market 2.0,  as to why we thought yields were about to spike.  Boy, did they Stocks followed bonds lower causing pain the … Continue reading →

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