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Archive for September 2008

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 ...
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Main Street > Wall Street

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...
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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...
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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...
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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...
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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...
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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...
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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 ...
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Weekend Special: Financial Poetry by Popular Demand

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...
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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...
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You know it makes sense

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...
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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...
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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...
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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...
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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...
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A Financial Requiem

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....
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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...
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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...
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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...
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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...
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D-day for Lehman: A running diary

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...
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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...
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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...
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      • Tenor Madness
      • Main Street > Wall Street
      • What's the German Word for Schadenfreude?
      • O Package Where Art Thou?
      • Tired
      • Time for a new multi-national program?
      • Pain cave
      • Thoughts from Madrid
      • Weekend Special: Financial Poetry by Popular Demand
      • A Message In Bold...And Another To M. Trichet
      • You know it makes sense
      • Faster Than the Speed of Light
      • U-G-L-Y
      • Snake eyes
      • The Last Throw of the Dice?
      • A Financial Requiem
      • Lehman Goes to the Wall
      • A Damned Shame
      • Team 1250 Strikes Back
      • Free fallin'
      • D-day for Lehman: A running diary
      • Large Hadron Collider
      • Another checkmate (guess who?)
      • It's tricky
      • Checkmate?
      • Technical query
      • No Market for Young Men
      • A big day (potentially)
      • Hunting Season
      • And so it begins....
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