Tenor Madness Macro Man Tuesday, September 30, 2008 41 Comments Macro Man Regular readers will know that Macro Man is a bit of a music aficionado. While he sadly possesses no musical ability (other than possibly ... Read More
Main Street > Wall Street Macro Man Monday, September 29, 2008 42 Comments Macro Man Clearly there are more voters on Main Street than Wall Street, and we all know that the first job of a Congressman in October is to make sur... Read More
What's the German Word for Schadenfreude? Macro Man Monday, September 29, 2008 30 Comments Macro Man Clink. Clink. Clink. That sound you hear is the pennies dropping in Europe. While yesterday saw what appears to be an anticlimactic agr... Read More
O Package Where Art Thou? Macro Man Friday, September 26, 2008 29 Comments Macro Man This market just gets more and more surreal. Yesterday saw the release of not one, not two, but three pieces of abjectly awful US economi... Read More
Tired Macro Man Thursday, September 25, 2008 25 Comments Macro Man "When a man is tired of London, he is tired of life." -Samuel Johnson Macro Man is tired of London. Frankly, he w... Read More
Time for a new multi-national program? Macro Man Wednesday, September 24, 2008 15 Comments Macro Man Another day, another stunning piece of news that will save the global financial system for sure, this time. Yes, folks, the irresistable f... Read More
Pain cave Macro Man Tuesday, September 23, 2008 33 Comments Macro Man Back from Madrid (which was not so much of a romantic getaway as an exercise in Blackberry watching), Macro Man has arrived back at his desk... Read More
Thoughts from Madrid Macro Man Monday, September 22, 2008 32 Comments Macro Man Macro Man has spent the weekend in Madrid, which is salubrious an environ as any other in which to digest the momentous developments of the ... Read More
Weekend Special: Financial Poetry by Popular Demand Macro Man Saturday, September 20, 2008 14 Comments Macro Man By request of a reader, a re-working of A.E. Houseman : To a Trader Retiring Young The year you made forty percent, Investors thought you he... Read More
A Message In Bold...And Another To M. Trichet Macro Man Friday, September 19, 2008 48 Comments Macro Man There's not much that Macro Man can write that you probably don't already know: markets are completely, utterly broken. Liquidity i... Read More
You know it makes sense Macro Man Thursday, September 18, 2008 28 Comments Macro Man Given that the Russians seem to own most of the UK (or at least London), it makes sense for the British authorities to adopt certain practic... Read More
Faster Than the Speed of Light Macro Man Thursday, September 18, 2008 14 Comments Macro Man Although Macro Boy the Elder is only six years old, he knows that nothing (other than certain properties of subatomic particles) moves faste... Read More
U-G-L-Y Macro Man Wednesday, September 17, 2008 24 Comments Macro Man U-G-L-Y Merv ain't got no alibi It's ugly! Hey, hey it's ugly! If traders were prone to chanting, the above ditty is probably p... Read More
Snake eyes Macro Man Tuesday, September 16, 2008 21 Comments Macro Man So Team 1250 rolled snake eyes and did nothing with interest rates. From an economic perspective it's not such a bad decision- as noted... Read More
The Last Throw of the Dice? Macro Man Tuesday, September 16, 2008 15 Comments Macro Man Is today the last throw of the dice for Team 1250? Yesterday's equity market price action, particularly the late-session, high-volume c... Read More
A Financial Requiem Macro Man Monday, September 15, 2008 18 Comments Macro Man With apologies to Kenny Rogers On a warm summer’s evening in a bar in the City I met up with the banker; we were both too tired to weep.... Read More
Lehman Goes to the Wall Macro Man Sunday, September 14, 2008 18 Comments Macro Man Unfortunately for all at Lehman Brothers, it looks like the King's English Defence has failed to avoid checkmate. Latest reports sugge... Read More
A Damned Shame Macro Man Friday, September 12, 2008 31 Comments Macro Man Well, what can we say? Another day, another US government intervention- this time to broker a buyer for Lehman Brothers. Per the usual, so... Read More
Team 1250 Strikes Back Macro Man Thursday, September 11, 2008 23 Comments Macro Man So BOA is the white knight who will save Lehman (ed. note: with whose money?). It looks like Team 1250 let a few friendly folks know befor... Read More
Free fallin' Macro Man Thursday, September 11, 2008 31 Comments Macro Man Another day, another disappointing lack of collapse in European equity markets. While Macro Man is trying not to tick watch and remains f... Read More
D-day for Lehman: A running diary Macro Man Wednesday, September 10, 2008 47 Comments Macro Man Macro Man is going to try something new today, an occasional running diary of his thoughts, fears , joys, and frustrations on what looks set... Read More
Large Hadron Collider Macro Man Wednesday, September 10, 2008 6 Comments Macro Man Today is a momentous day for geeks around the world, from professional particle physicists to science amateurs like Macro Man. Yes, today... Read More
Another checkmate (guess who?) Macro Man Tuesday, September 09, 2008 32 Comments Macro Man As painful as it is to see Macro Man's friends at Lehman in personal financial distress, it's hard to escape the conclusion that the... Read More