Tag Archives: Fiscal Cliff

On The Edge

Posted on December 28, 2012 by macromon

(click here if infographic is not observable)

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…Just Like the Titanic, But It’s Full of Bears!

Posted on December 27, 2012 by macromon

Tonight’s Politico headline, Fiscal cliff deal increasingly unlikely. The Secretary of the Treasury announces after today’s market close the U.S. government will hit its debt limit on New Year’s Eve and will be forced to take emergency measures to avoid … Continue reading →

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‘Toon of the Day

Posted on December 25, 2012 by macromon

Hope all the GMM readers had a great holiday. The ‘toon captures just about 100 percent of what the market will be focused on for the rest of the week year. (click here if cartoon is not observable)

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Cue ‘Plan C’ Cliff Aversion Scheme

Posted on December 22, 2012 by macromon

President Obama proposed a package of middle-class tax cuts and unempoyment benefits as a temporary solution to the looming ‘fiscal cliff.’ White House correspondent David Nakamura says Republicans may face pressure to pass the measure. Hope the pols have, at … Continue reading →

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Feliz Navidad! Not!

Posted on December 20, 2012 by macromon

Leave it to the pols to ruin Christmas.   Now it’s either a purely Democratic cliff bill or nuttin’, honey.    Good luck passing the debt ceiling. The House Republican Conference turned its back on Speaker John Boehner Thursday, forcing GOP … Continue reading →

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Angry Washington Elves Take Down Market, VIX spikes

Posted on December 19, 2012 by macromon

He’s an angry elf. – Buddy,  Elf Leave it to the politicos.   They were the windshield,  we, the bug today. Doesn’t seem like they are gonna move and get it done. The VIX was up almost 12 percent today, the … Continue reading →

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Washington Post: Fiscal Cliff Deal Near?

Posted on December 17, 2012 by macromon

Post reporter Paul Kane on the latest developments in the talks between House Speaker Boehner and President Obama and if a deal looks likely this week. (click here if video is not observable)

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‘Toon of the Day: Democrat or Republican?

Posted on December 8, 2012 by macromon

Is that a Dem or Republican?  The problem is it is our balls that will get cut off over their little poker game. (click here if cartoon is not observable)

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Cliff Diving – Day 19

Posted on December 6, 2012 by macromon

Not much here. The markets continue to slowly grind higher on strong seasonals.   The S&P500 (SPY) gained 0.34 percent and the Russell was up another 0.16%.   Utilities were strong, financials up 0.32 percent, and the VIX basically flat. Employment number … Continue reading →

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Cliff Diving – Day 18: Can Kicks Back

Posted on December 5, 2012 by macromon

Lots of divergences today. The markets caught a bid on China’s Shanghai catching a bid from nowhere.   The Shanghai was up close to 3 percent and off a three year low,  which had the index down 11 percent for the … Continue reading →

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