Tag Archives: dollar

Larry Summers On Dollar Strength

Posted on September 11, 2022 by macromon
Posted in Currency, Dollar | Tagged , | Leave a comment

Got Gold?

Posted on March 24, 2020 by macromon

The Fed’s effective nationalization of the financial markets in the past week has spiked gold prices.  It does appear the first phase of the bear market and bursting of multiple asset bubbles is almost complete.  Phase 1, an initial massive deleveraging, … Continue reading →

Posted in Germany, Gold, Uncategorized | Tagged , , , | 11 Comments

Dollar Impact On U.S. Manufacturing Employment

Posted on July 8, 2019 by macromon

We have been busy on a piece evaluating the U.S. economy under the first 29 months of the Trump administration.  As I used to bark out selling programs as a young kid at Dodger Stadium, “You can’t tell the players … Continue reading →

Posted in Dollar, Economics, Uncategorized | Tagged , , , | 13 Comments

BFTP: How Sustainable Is Earnings Growth?

Posted on April 22, 2019 by macromon

BFTP: Blast From The Past We posted the following last May when earnings and the market were all lathered up and on a sugar high induced by the corporate tax cut and weaker dollar in 2017.  Our lack of confidence … Continue reading →

Posted in Dollar, Earnings, Uncategorized | Tagged , , , | 1 Comment

BFTP: How to Become a Trillionaire And Other Thoughts

Posted on March 12, 2019 by macromon

BTFP:  Blast From The Past Time to repost our piece from January 2017, almost two weeks before the Trump administration took power. We hit the big topics back then which are now making headlines today:  1)  Modern Monetary Theory;  2)  … Continue reading →

Posted in Economics, Fiscal Policy, Uncategorized | Tagged , , , , | 1 Comment

We Have Lift Off! (in the $)

Posted on March 7, 2019 by macromon

  Can’t believe that was fiddy years past.  Going to see the new Apollo 11 flick on Saturday with my 15-year old daughter, who wants to be an astrophysicist. Back to biz… The Dixie – “To the Moon, Alice” Another … Continue reading →

Posted in Black Swan Watch, Dollar, Uncategorized | Tagged , , , | 1 Comment

Ten Good Weekend Reads

Posted on December 15, 2018 by macromon

Haven dollar touches 1½-year high as global growth worries dominate trading – MarketWatch Conte Says His Budget Deficit Offer Is the Best Italy Can Do – Bloomberg The Fed’s Critical Role for 2019 – Barron’s Business debt swells to $9 … Continue reading →

Posted in Weekend Reads | Tagged , , , , , , | Leave a comment

How Sustainable Is Earnings Growth?

Posted on May 21, 2018 by macromon

Not very. We will leave the calculation for the entire stock market to the stock analysts. Here’s why: Just glancing over WalMart’s latest earnings release from the week, we see two one-off macro factors that helped WalMart’s earnings in Q1, … Continue reading →

Posted in Dollar, Earnings, Uncategorized | Tagged , , | 62 Comments

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

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