It's nice to see that at least one FOMC voter isn't afraid to tell Jim Cramer where to s tick his Ferrari. The relatively hawkish ...
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Very superstitious....
Well, the big day is here. Today's Fed announcement carries more uncertainty and drama than any event since....err...the last Fed announ...
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How weak is the dollar?
So former Treasury Secretary and Harvard president Larry Summers has put his two penneth into the debate about the dollar, and how the US sh...
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Hedge when you don't need it....
...is one of Macro Man's favourite maxims. The constructive risk asset view has paid dividends, despite some rather gut-wrenching pri...
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Why the long face?
A horse walks into a bar. The barman looks up at him and asks "Why the long face?" Another day, another record low in the dollar a...
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The end of the line for the buck?
Are the Rosicrucians at it again? For the second straight session, a ropy-looking US equity market was buoyed at roughly 2 pm NY time to r...
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Up, down, or shake it all around?
Wall Street chiropractors must be loving the current market, as the whiplash of the last few days is surely providing them with a steady str...
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A bit of risk management
Well, the Merrill write-offs weren't as bad as feared ("only" $7.9 billion), but earnings were a shocker at -$2.85. Fortunate...
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What's your edge?
The three-ring circus that is global finance continues to astound and amaze, with noise levels approaching jet-engine thresholds. Mean rever...
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20 Questions
Yesterday, the offices of Dr. Market, DDS, did a roaring trade as a good many people got their teeth kicked in. EUR/USD went up, then it wen...
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Two things that provide comfort...and one thing that causes worry
There's a faint whiff of panic in the air this morning, as equities look horrible, bonds remain bid, and FX carry is getting carted out....
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Weekend Special: Paging Mr. Billy Shears
It was twenty years ago today Sgt. Pepper taught the band to play - The Beatles, "Sgt. Pepper's Loney Hearts Club Band" Macro ...
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Housing: is this cycle different?
Well that was fun. Old habits die hard, and Macro Man tends to be so fixated on inflation as a medium-term macro theme that he sometimes foc...
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An ancillary benefit of blogging
Regular readers of the comments section of this blog may have observed that for the past few weeks, Macro Man has been engaged in a debate w...
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Bloody Hell!
That's what Macro Man said when he saw the August TIC data, released today. The figures were always going to be freaky, given that they ...
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I-Bank profits: Leaking like a SIV?
All of a sudden, the world doesn't appear quite so rosy, does it? The recent floating-on-air performance of risk trades, which as recent...
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Apparently, all it takes...
Apparently, all it takes to get central banks out of the foreign exchange market is a good old-fashioned financial crisis. Sure, China st...
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Just one of those days
Yesterday was just one of those days, one of those glorious days that comes around only once or twice a year, when everything comes together...
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RMB speculation, and what hath Ben wrought?
Another day, another dollar (to be sold.) Macro Man's comment that EUR/USD could conceivably trade towards 1.4575 by month-end is lookin...
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Time to Relocate Macro Man Towers?
There have been two interesting pieces of financial market news over the past twenty-four hours. The first of these was last night's rel...
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Welcome to the Jungle
Welcome to the jungle We got fun 'n' games We got everything you want Honey we know the names We are the people that can find Whatev...
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