Tag Archives: Coronavirus

Stages Of A Pandemic: Denial, Panic, Fear, and Rationality

Posted on March 7, 2020 by macromon

We’ve been accused of panicking. It just ain’t so, Joe, as our M.O. is to try and panic before everyone else. What will be the big negative shock that shakes the tree loose?   Your guess is as good as ours … Continue reading →

Posted in Economics, Equity, Uncategorized | Tagged , | 4 Comments

The Fed Cut Fails To Inspire As Markets Deliver A Policy Margin Call

Posted on March 3, 2020 by macromon

The price action in stocks continues its remarkable volatility. The cash S&P500 traded in a 160 point range just today, or 5.4 percent.   They sold the Fed 50 bps emergency cut hard to close the S&P at 3003.37, down 2.8 … Continue reading →

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Coronavirus, You’re On Your Own

Posted on February 29, 2020 by macromon

Say what you will about Chris but he has nailed the coronavirus from the beginning.

Posted in Black Swan Watch, Economics, Uncategorized | Tagged , | 3 Comments

S&P’s Beastly Streak: Five Consecutive Red Candlesticks

Posted on February 26, 2020 by macromon

Extremely ugly price action today with the S&P reversing a 54.30 point gain to close down 11.82 points, carving out a 5th consecutive red daily candlestick. Such an ungodly losing streak is relatively rare and has not happened since the … Continue reading →

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Why We’re Big Fans Of Johnny “Cash”

Posted on February 20, 2020 by macromon

Of course, if Larry M.’s Lehman-like drawdown scenario is realized, haven flows and shorts will pile into long-notes and bonds as a proxy short but we have no interest in trading fixed-income securities with a 100 bps negative real yield. … Continue reading →

Posted in Bonds, Equities, Uncategorized | Tagged , , , | 7 Comments

Coronavirus Pandemic: The Next Two Weeks Are Critical

Posted on February 18, 2020 by macromon

Chris Martenson. Ph.D. from Duke in Toxicology is very good on this topic and one of the first out with a correct analysis of the coronavirus.  We posted his first video when there were only a few thousand cases reported. … Continue reading →

Posted in Bitcoin, Economics, Uncategorized | Tagged , | 2 Comments

COTD: Coronavirus Risk To Manufacturing

Posted on February 15, 2020 by macromon

The holiday is over, but few people are back in offices and factories…the effects of covid-19 will be like those of SARS in 2003: a sharp shock to Chinese growth, followed by a strong rebound. But SARS may not be a … Continue reading →

Posted in China, Economics, Uncategorized | Tagged , , | 1 Comment

Coronavirus: It’s The Second Derivative, Stupid!

Posted on February 4, 2020 by macromon

Double yikes.   Arrest this beast!  Please! On a business trip meeting with many firms with huge exposure to China.  Concern in their community definitely growing but still a bit clueless about the seriousness of the growing crisis.  I give … Continue reading →

Posted in China, Uncategorized | Tagged , | 1 Comment

The Global Supply & Demand Shock Of The Coronavirus

Posted on January 31, 2020 by macromon

Our analysis of the impact of the Coronavirus is a work in progress and nobody knows the endgame.  It is still the early days of the epidemic, and its dynamics will take time to understand. The scale of the impact … Continue reading →

Posted in Black Swan Watch, China, Uncategorized | Tagged , , | 29 Comments

Coronavirus Spreading To Heart of China Manufacturing

Posted on January 25, 2020 by macromon

BREAKING: Shantou, a city in Guangdong province with nearly 5.5 million people, will be put on total lockdown from midnight — BNO News (@BNOFeed) January 26, 2020 Coronavirus scare starting to hit big manufacturing cities and is definitely going to … Continue reading →

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