Category Archives: Uncategorized

QE2 to remain in the FED drydock

Posted on September 20, 2010 by macromon

We expect nada from the Federal Reserve today.   Very little has changed since the August 10 FOMC meeting other than the spike in commodity prices and the level of noise. Members will be hard pressed to find reasons to move, … Continue reading →

Posted in Monetary Policy, Uncategorized | Leave a comment

Apple’s breakout lifts U.S. equities. Can the Shanghai follow?

Posted on September 20, 2010 by macromon

Apple pierced its June 21 high of 279.01 closing up almost 3 percent to a new all-time high.  The stock is up 18 percent in 19 trading days and the 14-day RSI is now above 77.  History dictates AAPL should … Continue reading →

Posted in Uncategorized | 2 Comments

“Yield Panic” in Pensions?

Posted on September 20, 2010 by macromon

The global pension crisis will be one of the major economic/political issues of the next 10 years.   We have seen the politics of pensions manifested on the streets of Greece and France this year. Bloomberg reports that Japan’s Government Pension … Continue reading →

Posted in Uncategorized | 1 Comment

S&P500 and Shanghai Composite about to recouple?

Posted on September 19, 2010 by macromon

The short-term divergence of the Shanghai Composite and S&P500 is creeping onto our radar as Chinese stocks experienced the largest weekly loss in more than two months.  Fears of credit tightening have pushed the index to the lower end of … Continue reading →

Posted in Uncategorized | 2 Comments

Corn Closes at $5.1325 bu, Up 58% Since Late June

Posted on September 19, 2010 by macromon

The last leg of the market’s recent climb to 23-month highs has been fueled largely by the U.S. crop. On Sept. 10, the Department of Agriculture projected a yield of 162.5 bushels per acre, versus the 165 bushels estimated a … Continue reading →

Posted in Commodities, Uncategorized | Leave a comment

Dilma Rousseff, a former Marxist guerrilla, set to become Brazil’s first woman president in October 3rd Election

Posted on September 18, 2010 by macromon

Luiz Inácio Lula da Silva, the most popular president in Brazilian history, is ineligible to run for a third four-year term, and has given Ms Rousseff, his former political adviser, his unflinching support. If the election were held today, according … Continue reading →

Posted in BRICs, Uncategorized | Leave a comment

The Market Radar

Posted on September 18, 2010 by macromon

We anticipate monitor and comment on market-moving global economic and geopolitical issues.  No dark side brooding, no wanting the world to end, no political rants.  Traders, investors, policymakers, or market observers can’t afford to ignore us.  In one word, perspicacity. … Continue reading →

Posted in Uncategorized | 7 Comments