Category Archives: Uncategorized

President of Wal-Mart China Resigns After Pork Scandal

Posted on October 18, 2011 by macromon

(click here if video is not observable)

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The Wealth of World Leaders

Posted on October 10, 2011 by macromon

Great infographic from visual.ly.   Click graphic to enlarge. by ejfox via (click here if chart is not observable)

Posted in Demographics, Economics, General Interest, Uncategorized | Tagged , | 2 Comments

Chart of the Day: The World’s Largest Employers

Posted on September 14, 2011 by macromon

Great graphic from the Economist.  Note that 7 of the 10 are government-run.  Amazing WalMart employs almost as many as the People’s Liberation Army.   Gives new meaning to the “Human Wave Theory.” (click here if graphic is not observable)

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Week in Review: Hurricane “I-Lean” Lifts Markets

Posted on August 28, 2011 by macromon

Short and sweet tonight.   Even turkeys can fly in hurricane “I-Lean The Wrong Way.” Reports that hedge funds, with almost no tolerance for short-term pain, have opened the biggest net short positions since early 2008  has driven a relatively low … Continue reading →

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Week in Review: Can the European Center Hold?

Posted on August 14, 2011 by macromon

What a week.  What a year.  Who would have predicted that U.S. bonds, even in foreign currencies and a sovereign downgrade, would be outperforming the BRIC equity indices and copper by several hundred basis points in mid-August?   Stunning and a … Continue reading →

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Bank of Korea buys gold – Reuters

Posted on August 1, 2011 by macromon

Reuters reports that Korea’s central bank bought 25 tonnes of gold over the past two months.  It was the first purchase in more than a decade.  Reuters writes, The Bank of Korea said in a statement its latest gold purchase … Continue reading →

Posted in Currency, Gold, Uncategorized | Tagged , | 1 Comment

The Weekend Read: Reality Meets Perception

Posted on July 8, 2011 by macromon

Higher energy and food prices are crowding out consumer demand for other items, and the market consensus is that QE2 has proven to be counter-productive. Unable to concede this, Mr. Bernanke nonetheless seems determined to have it both ways, remarking … Continue reading →

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Have Policymakers Discovered the “Splendid Arbitrage”?

Posted on June 26, 2011 by macromon

How ’bout a little summer Sunday humor (albeit a little nerdy) before getting back to the daily grind.   Last week saw a global coordinated response to shaft specs in crude oil as many, including us, think the rise in … Continue reading →

Posted in Commodities, Crude Oil, General Interest, Uncategorized | Tagged , , | 1 Comment

Jackie Moon’s Lehman Moment

Posted on June 12, 2011 by macromon

We love allegories.  The Wizard of Oz was, many believed, an allegory  of the political and economic times of the 1890s.  Wikipedia observes the “Yellow Brick Road” represented the gold standard, and “the silver slippers the Silverite sixteen to one … Continue reading →

Posted in China, Economics, Uncategorized | Tagged , , | 5 Comments

The Weekend Read

Posted on April 15, 2011 by macromon

IT LOOKS like a planetary tattoo designed to be seen from space, a vast set of concentric circles inscribed in the skin of southern California’s desert. Ground was broken on the Ivanpah power plant, which is to be one of … Continue reading →

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