Category Archives: Uncategorized

China FX Reserves Fall Less Than Expected to $3.011 tn

Posted on January 8, 2017 by macromon

The FT reports, China’s foreign exchange reserves continued to fall in December, albeit at a slower rate than previous months, as the central bank announced a lower than expected drop in foreign exchange reserves for the month. Reserves fell by … Continue reading →

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Reagan-Trump S&P500 Analog: Tracking

Posted on January 8, 2017 by macromon

We’re still tracking the Reagan-Trump S&P500 analog.  We’ve noted it’s a fun exercise and probably useless in predicting the future move in the index given the different macroeconomic initial conditions at the beginning of both Administrations. But, hold on!   … Continue reading →

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US Sector ETF Performance – Jan 6

Posted on January 8, 2017 by macromon
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Daily Risk Monitor – January 6

Posted on January 8, 2017 by macromon

Click on table to enlarge and for better resolution

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How to Become a Trillionaire and Other Thoughts

Posted on January 7, 2017 by macromon

Grab one of these: Careful what you wish for central bankers and fiscal policy makers.  Though we don’t see signs of “rollover risk” in any of the G5 or G20, it’s all about confidence and you know what Joe said about … Continue reading →

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2017 Annual Forecast Preview – Stratfor

Posted on January 5, 2017 by macromon

Stratfor Vice President of Global Analysis Reva Goujon highlights the key geopolitical trends for the coming year. For more analysis, visit: http://www.Stratfor.com

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Word of the Day: “Baofahu”

Posted on January 4, 2017 by macromon

“a Chinese term for people who have experienced an “explosion” of wealth but lack financial and cultural sophistication. Shanxi is a hotbed for such investors, many of whom got rich during the coal boom. “They just look at the yield,” … Continue reading →

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China’s Caixin service PMI rises to 17-month high

Posted on January 4, 2017 by macromon

The Caixin China Services PMI rose to 53.4 in December of 2016 from 53.1 in November while market expected 53.3. It was the fastest growth since July 2015, as new orders rose the most in 17 months and business expectations … Continue reading →

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LIBOR Over 1 Percent, First Time In 7 years

Posted on January 4, 2017 by macromon

The times they are a changin [incrementally]’. The Wall Street Journal reports, But on Wednesday it was set at 1.00511%, topping that key threshold for the first time in more than seven years, as investors brace for more Federal Reserve rate … Continue reading →

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Reagan-Trump S&P500 Analog : 40 Days In

Posted on January 4, 2017 by macromon

A little personal story about the Reagan Fed, but, first, some meat. It has been 40 tradings days — wow, time flies — since Donald Trump’s surprise victory  in the 2016 Presidential election.  We posted a piece on New Year’s … Continue reading →

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