1) Just when you think that BAA cannot possibly get any worse, they make an absolute pig's ear of managing difficult weather conditions ...
Read More
Risky business
Is the risky asset sell-off beginning? As he heads off on holiday, Macro Man's financial distress seismograph is beginning to twitch. OK...
Read More
Endangered species?
So New Zealand GDP was indeed worse than expected . The NZD should suffer here; if it doesn't, it may actually present a nice opportunit...
Read More
Thai'ed up
It appears that the Thai generals are quick studies, and the swift reversal of the THB lockup for equity investment appears to have staved o...
Read More
Land of confusion
Macro Man's IT department is currently residing in the land of confusion, so the P/L is unavailable today. However the "better reb...
Read More
Twas the night before....the day after?
The dollar continues to correct higher today and is rapidly approaching "put up or shut up time." Today's CPI release may tel...
Read More
Portfolio post-mortem
The good news: Trimming short equity and short dollar risk was the right thing to do. The bad news: The remaining equity longs aren't bi...
Read More
Portfolio surgery
Per recent comments, Macro Man jettisons the following losing trades: * Buys back USD/TWD at 32.425 for 2 Feb * Buys back the Aussie equity ...
Read More
Fun with statistics
Today's retail sales figures looked strong across the board, surprising both Macro man and the market. Fixed income has not liked the da...
Read More
Wednesday bullet points
* The Fed statement was perhaps slightly softer than Macro Man was expecting, though Lacker's continued dissent prevented it from being ...
Read More
Stock studies extended
Markets have gone into lock-down mode ahead of today’s FOMC announcement (and, to a lesser degree, the US trade data.) Most trades appear t...
Read More
Beta release
Ouch. There’s no other word to describe it. Over the last 24 hours, virtually everything that could have gone wrong, has. The dollar bet has...
Read More
Curiouser and curiouser.....
No one that Macro Man spoke to had any clear idea why the dollar staged such a dramatic and forceful rally late in the day on Friday. Some ...
Read More
Summon Harry Potter!
Voldemort is all over the place today!
Read More
Identity crisis
Imagine Macro Man’s surprise when he observed his name splashed across the front of the latest edition of Bloomberg Markets magazine . Like...
Read More
Is the dollar about to undermine the stock market?
It’s been a nervous start to the day as markets shift risk ahead of the ECB rate decision/press conference, a slew of Japanese data tonight,...
Read More
Wednesday bullet points
* The P/L has taken a hit overnight as equity markets continue to perform strongly. Blogger is once again having upload problems, so Macro M...
Read More
If non-manufacturing ISM is 53 or below....
...Macro Man will buy £10 million verus USD at best. If not, he will wait.
Read More
A cautionary tale
The impressive resilience of equity markets has surprised Macro Man and dented the monthly P/L. Following on from Friday afternoon’s late ra...
Read More
De-(odd)-couple
It’s been a quiet start to the week, with stocks, bonds and currencies consolidating after Friday’s explosive moves. The equity consolidatio...
Read More
Macro Man sells 10million EUR/USD at 1.3342
Take profit. 1.3361 for Jan 4 date.
Read More
Subscribe to:
Posts (Atom)