Category Archives: Uncategorized

Global Risk Monitor – January 26

Posted on January 28, 2018 by macromon
Posted in Daily Risk Monitor, Uncategorized | Tagged , , , , , | Leave a comment

Top 10 Most Expensive and Cheapest Stock Markets

Posted on January 25, 2018 by macromon

  … look at the table ranking the top and bottom 10 countries by PE10 valuation. The bottom features a couple of usual suspects (Russia and Greece), although in the case of Greece you might argue that earnings are now … Continue reading →

Posted in Equities, Uncategorized | Tagged , | Leave a comment

Why the dollar is weak – FT

Posted on January 25, 2018 by macromon

Authers dishes on the weak dollar. You know our suspicions (and just that – suspicions – as nobody really knows with certainty), which should negate some of this morning’s reversal on the president’s comments that sent shorts scrambling. Unless that … Continue reading →

Posted in Dollar, Uncategorized | Tagged , , | Leave a comment

Rosie The Riveter Tweets A Red Flag

Posted on January 24, 2018 by macromon

Note the date of James Baker’s comment. January 24th, 2018: Steven Mnuchin to Davos: "A weaker dollar is good for us as it relates to trade and opportunities.” October 17th, 1987: James Baker to the Germans: "Either inflate your mark, … Continue reading →

Posted in Dollar, Equities, Uncategorized | Tagged , , , | Leave a comment

Dangerous Gambit Out Of Davos

Posted on January 24, 2018 by macromon

We woke to a comment out of Davos that surprised both us and the market. The U.S. Treasury Secretary, Steven Mnuchin, broke from tradition and welcomed a weaker dollar. “Obviously a weaker dollar is good for us as it relates … Continue reading →

Posted in Bonds, Dollar, Uncategorized | Tagged , , , , , | 14 Comments

Short Sellers In A Bull Market

Posted on January 23, 2018 by macromon

Ouch! I remember days like this guy is having. Shorting a market that is melting up and having the bulls gore you where the sun don’t shine is no fun! .   Shorting stocks willy-nilly is a surefire beeline to … Continue reading →

Posted in Equities, Global Stock Performance, Uncategorized | Tagged , , , | 9 Comments

Angela Lives!

Posted on January 21, 2018 by macromon

At least to fight another day and the final round of negotiations to form a collation government with the Social Democrats (SPD).   Not a done deal just yet. . The euro/$ is quite muted and coming off tonight’s opening … Continue reading →

Posted in Euro, Germany, Politics, Uncategorized | Tagged , , , | Leave a comment

Week In Review: Global Stocks Riding “Big Mama”

Posted on January 20, 2018 by macromon

Portugal’s Hugo Vau has surfed one of the biggest waves ever seen at Nazare, it’s been claimed, but is it enough to beat the world record? The wave — nicknamed ‘Big Mama’ — was reported to be up to 35-metres-high, … Continue reading →

Posted in Uncategorized, Week Ahead | Tagged , , , , , | 2 Comments

China’s fake data masks economic rebound – FT

Posted on January 20, 2018 by macromon

Economic data are unlikely to reflect China’s revival because, as a series of admissions of falsified data attest, the true extent of the preceding downturn was never revealed. The country is on course to be the world’s largest economy by … Continue reading →

Posted in China, Uncategorized | Tagged , , , | Leave a comment

Sector ETF Performance – January 19

Posted on January 20, 2018 by macromon
Posted in Sector ETF Peformance, Uncategorized | Tagged , | Leave a comment