Tag Archives: dollar

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 →

Posted in Uncategorized, Week in Review | Tagged , , , , , , , | 3 Comments

Mr. Toad’s Wild Ride!

Posted on August 9, 2011 by macromon

Wow! What a day.  Incredible moves.   Scared markets.   Capital stampeding like buffalo not knowing where to go.   Great if you’re on the right side of the volatility, but you still needed a neck brace from the whiplash. It’s gonna … Continue reading →

Posted in Bonds, Charts, Currency, Dollar, Equities, Gold | Tagged , , , , , | Leave a comment

Monitoring the Armageddon Trade – Day 5

Posted on July 30, 2011 by macromon

Only one of the Four Horsemen of the our Armageddon Trade is misbehaving, that is, not confirming by moving in the wrong direction.  Stocks, which, some have touted as the new safe haven, have been hit the most and dollar … Continue reading →

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Monitoring the Armageddon Trade – Day 4

Posted on July 28, 2011 by macromon

Looks like the Four Horsemen of the Apocalypse spent the day watering their horses.  Not much happening in our Armageddon Trade today.  Gold, which is trading poorly,  bounced off the lows and stocks reversed a decent rally to close lower.   … Continue reading →

Posted in Black Swan Watch, Bonds, Currency, Dollar, Equities, Gold | Tagged , , , , | 1 Comment

Monitoring the Armageddon Trade – Day 3

Posted on July 27, 2011 by macromon

The Four Horsemen of the Apocalypse were split on the Armageddon Trade today.  Gold and the dollar diverged and were non-confirming, though stocks got hammered and took out some short-term technicals.  Bonds rallied off lows to close essentially flat.    … Continue reading →

Posted in Black Swan Watch, Bonds, Charts, Dollar, Equities, Gold, Sovereign Risk | Tagged , , , , | Leave a comment

Monitoring the Armageddon Trade – Day 2

Posted on July 26, 2011 by macromon

Still no panic, but lower.  The dollar took the biggest beating and looks ready to take out its May lows.  Only T-Bonds of the Four Horsemen of the Apocalypse moved contrary to what we call the Armageddon trade, where gold … Continue reading →

Posted in Black Swan Watch, Bonds, Credit, Currency, Dollar, Equities, Fiscal Policy, Gold | Tagged , , , , | 2 Comments

Monitoring the Armageddon Trade

Posted on July 25, 2011 by macromon

The following charts illustrate today’s performance of “The Four Horsemen” of our Armageddon trade, which we posted earlier.  That is, the markets were monitoring for large concurrent moves which would signal a loss of confidence in the U.S. government and … Continue reading →

Posted in Black Swan Watch, Bonds, Charts, Dollar, Equities, Gold | Tagged , , , , | 2 Comments

The Armageddon Trade

Posted on July 24, 2011 by macromon

Here are the four markets we do not want to see large concurrent sustained moves in the direction as illustrated. (click here if picture is not observable)

Posted in Black Swan Watch, Bonds, Currency, Dollar, Equities, Gold, Politics, Sovereign Debt | Tagged , , , , | 8 Comments

Week in Review: The Realpolitik of Debt

Posted on July 24, 2011 by macromon

The S&P500 closed Friday near the top of its trading range and just a little more than 1 percent below its  post crash closing high of 1361.22 on the back of some decent earnings — and an Apple blowout — … Continue reading →

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Gold’s Perfect Storm? Nears All-time Closing High

Posted on July 12, 2011 by macromon

Gold is creeping higher as many believe it is the only place to hide.  Cash gold is near its all-time closing high of 1563.20 on April 29th and closing in on its May 2nd intraday high of 1575.10.   We find … Continue reading →

Posted in Commodities, Dollar, Euro, Gold, Sovereign Risk | Tagged , , , | 4 Comments