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 st...
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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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