Tag Archives: Fed

Bonds Away?

Posted on August 8, 2012 by macromon

The 10-year Treasury yield is starting to bump up against some key resistance levels around 1.68-1.70 percent.   Can’t tell you what it means in these  squirrelly markets, but it is confirmation of the rally in equities. We’re waiting for the … Continue reading →

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Where The Inflating Things Are

Posted on June 18, 2012 by macromon

On the eve of the Fed’s FOMC two-day meeting we thought this chart illustrating what is inflating in the U.S. consumer basket very relevant.   Don’t see much deflation x/ energy and the core CPI (x/ food and energy) remains stuck … Continue reading →

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Central banks brace for stormy weekend

Posted on June 16, 2012 by macromon

(click here if video is not observable)

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Euro Crisis: Lorenzo Bini Smaghi

Posted on April 19, 2012 by macromon

Lorenzo Bini Smagi,  former Member of the Executive Board of the European Central Bank, nails it, You call it austerity, i would call it putting your house in order. You can’t grow especially if you have a deficit which is … Continue reading →

Posted in Black Swan Watch, Budget Deficit, Eurozone Sovereign Spreads, Fiscal Policy, PIIGS, Sovereign Debt | Tagged , , , , , | 2 Comments

Nonlinear Thinking: Robotic Surgeons & Central Bankers

Posted on March 26, 2012 by macromon

Here’s a piece we’ve been wanting to post for a long time.  Intuitive Surgical (ISRG) is a leader in the development and commercialization of medical robotic technology.  As the chart shows this is not just a concept but a very … Continue reading →

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Is the Bond Market’s Arab Spring Upon Us?

Posted on March 14, 2012 by macromon

Ugly action in bonds over the past few days. In last month’s post,  Is the Fed ready for the bond market’s Arab Spring?, we suspected the Fed needed more ammo to continue their repression of long-term rates.   Yesterday Mr. Bernanke … Continue reading →

Posted in Black Swan Watch, Bonds, Budget Deficit, Sovereign Debt, Sovereign Risk | Tagged , , | 1 Comment

The Race to Debase

Posted on January 16, 2012 by macromon

Wow!  Nice catch up by the ECB.   Don’t you get the feeling more QE3 talk from from the FED confirmed by dollar stabilization — i.e., non-strength — will ignite gold like a bottle rocket? (click here if chart is … Continue reading →

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The Three Legs of the Q4 Melt-up

Posted on October 5, 2010 by macromon

1)  Under allocated investors… 2)  Expectation of a Republican victory in the  November election… 3)  The Flood of Liquidity unleashed by ultra-loose global monetary policy… “The Bank of Japan will encourage the uncollateralized overnight call rate to remain at around … Continue reading →

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