Tag Archives: Mexico

“Oh no no no I’m a tariff man”

Posted on May 31, 2019 by macromon

And I think it’s gonna be a long long time ‘Till tariffs come down again I’m not the man the market thinks I am Oh no no no I’m a tariff man – paraphrasing Rocket Man (starts tonight)   Tariff … Continue reading →

Posted in Trade War, Uncategorized | Tagged , , | 4 Comments

When Mexico’s President Tried To Get Me Fired

Posted on April 7, 2019 by macromon

The Lunch That Changed My Career Shortly after joining a major money center bank as a young twenty-something economist, fresh from grad school and the World Bank, my boss instructed me to have lunch with two women, who were touring … Continue reading →

Posted in Mexico, Uncategorized | Tagged , | 2 Comments

The United States-Mexico Trade Agreement

Posted on August 27, 2018 by macromon

Another “Potemkin trade deal.” Nothing there and will not move the needle in bringing back jobs to the U.S., in our analysis. That is why, we believe,  the markets like it — little impact on profit margins and the prospect … Continue reading →

Posted in Economics, Trade War, Uncategorized | Tagged , , , | 12 Comments

Swan Lake – June 18

Posted on June 18, 2018 by macromon

Same story, different day. Euro periphery continues to recover with short-end outperforming. EM LatAm currencies stable x/ Brazil.   South Africa lower. Brazil and Mexican stocks lower.    

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Swan Lake – June 11

Posted on June 11, 2018 by macromon

We are not discussing any proposal to exit the euro. The government is determined to avoid the materialisation of market conditions that push us towards an exit in any way.  –  Giovanni Tria,  Italian finance minister, June 11 Italian and Euro … Continue reading →

Posted in Black Swan Watch, Eurozone Sovereign Spreads, Uncategorized | Tagged , , , , , , | Leave a comment

Mexico: Obrador holds 11-point lead

Posted on April 9, 2018 by macromon

MEXICO CITY – Mexican leftist candidate Andrés Manuel López Obrador has a nearly 11 percentage point lead over his closest rival ahead of the July presidential election, a poll published by newspaper El Universal on Monday showed. López Obrador has capitalized on … Continue reading →

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Every Little Thing They Do On Trade Is Tragic

Posted on March 8, 2018 by macromon

And Half Baked. Every little thing they do on trade is tragic Everything they do is wrong Even though the politics are more dramatic Now I know trade diversion in steel is on — paraphrasing Sting’s, Every Little Thing She … Continue reading →

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México Fuerte!

Posted on September 19, 2017 by macromon

We are with you our brothers and sisters down in OH MEXICO!  Godspeed. Viva Mexico!     Wow!  So many natural disasters this month it’s starting to get downright biblical! Then there is the weakening of the nation-state as we … Continue reading →

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Emerging Market Dollar Bonds: An Option Based Analysis

Posted on June 21, 2017 by macromon

In my prior life I used to trade emerging market (EM) bonds and came up with the following analytical framework using options analysis to understand and teach the basic fundamental principles of how to value EM hard currency bonds.   The … Continue reading →

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Talking ’bout Mexico – JT

Posted on February 7, 2017 by macromon

So King David at thinkinthemorning.com sends over an article showing U.S. stocks with revenue exposure to Mexico.   Starts us thinking about who is smarter,  equity traders or currency traders,  who follows who,  or who is fooled by randomness? . … Continue reading →

Posted in Currency, Equities, Geopolitical, Uncategorized | Tagged , , , | Leave a comment