Before filling your belly with beer, Allow me to make this quite clear, Oh-seven's been great And as for oh-eight Let me wish you ...
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Eleven non-predictions for 2008
It is a staple of financial commentary that near the end of December, one offers up pearls of wisdom for the ensuing year. This can take th...
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A Glimpse at Santa's Christmas List
With only two days to go until Christmas, the rush to lock up presents for friends and loved ones has reached a fever pitch. So, too, in t...
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Top Ten Things Yet to Be Purchased by Sovereign Wealth Funds
After the s uccessful culmination of five years' worth of bootlicking by Stephen Roach , it's worth considering what other assets mi...
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Overheard at the DOTW Christmas party
As Macro Man was walking down the street yesterday, he passed a bar full of merrymakers engaged in raucous singing. Curious as to who could...
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Reality bites
You know markets are feeling the squeeze when volatility is maintained in the week before Christmas. Usually this is a week to nip out shopp...
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Tie Me Up! Tie Me Down!
Well, well well. Macro Man was offline on Friday afternoon, engaged in one of those "rich food and expensive claret" luncheons, bu...
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Micro versus Macro
Go figure. Just two days after the Fed was lambasted for not cutting the discount rate by 0.50%, a set of data are released that suggest tha...
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Alternative career advice
One of the difficulties of writing a blog is that sometimes you don't know where to start. You know what you want to say in the main bod...
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A short thought on tactics
Even without the Fed's help, this is a market designed to help one lose money. Higher volatility means that random noise can generate a...
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OK, so...
...The Fed did have something up its sleeve, a program to auction liquidity that broadens the eligibility of tapping the Fed, both in term...
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How the Grinch Stole Christmas!
A day later, the Fed's policy own goal continues to baffle Macro Man. Why would the Fed disappoint market expectation when there was li...
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How's that for a discount?
Very peculiar. The discount window, in its current incarnation, is little more than tinsel on a Christmas tree: an ornament that serves rel...
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Feelin' groovy?
"Slow down. You move too fast." - Simon and Garfunkel, The 59th Street Bridge Song (Feelin' Groovy) Friday was the quietest pa...
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Yesterday, today, and tomorrow
Europe is yesterday's news. No, Macro Man is not commenting on the long-gone period of European geopolitical hegemony, nor indeed about ...
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All I want for Christmas....
Ah, the festive season! Christmas trees are springing up, nativity plays are being performed, carols are pouring out of the radio, and all a...
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