Treat....or Trick? Macro Man Friday, October 31, 2008 13 Comments Macro Man The fix is in! No, Macro Man has not ordered a tin-foil hat and isn't quite prepared to believe that the Rosicrucians, et. al are run... Read More
Bears Have Rallies, Too Macro Man Thursday, October 30, 2008 12 Comments Macro Man Bear markets are famously difficult to trade. Why is that? Perhaps it's because most investors are natural buyers and owners of risk a... Read More
Strange bedfellows Macro Man Wednesday, October 29, 2008 11 Comments Macro Man Strange times make for strange bedfellows, a fact which has been amply demonstrated by the financial crisis of the past fifteen months. Di... Read More
Rubbernecking Macro Man Tuesday, October 28, 2008 26 Comments Macro Man How bad is it out there? Global finance resembles nothing so much as an enormous, multi-car pile-up, the kind that blocks traffic for many ... Read More
Back in Black Macro Man Monday, October 27, 2008 20 Comments Macro Man Macro Man has returned to the coal-face of global finance this morning after two days of following the mayhem from afar. It's really get... Read More
Birdwatching Macro Man Wednesday, October 22, 2008 16 Comments Macro Man Macro Man's been birdwatching, and this evening he's seen another pink flamingo through his binoculars: emerging market fixed income... Read More
Another One Bites the Dust Macro Man Wednesday, October 22, 2008 11 Comments Macro Man Macro Man sure is glad that he finally got on the distribution list for "the memo." Yesterday's memo about the breakdown of c... Read More
A Memo From the Illuminati Macro Man Tuesday, October 21, 2008 18 Comments Macro Man TO: Goldman Sachs, Bill Gross, Warren Buffett, et al. FROM: The Order of Rosicrucians, Pentavirate, and Illuminati RE: Correlation Breakdo... Read More
A Damascene Moment Macro Man Monday, October 20, 2008 16 Comments Macro Man Financial markets appear to have had a Damascene moment on Friday evening, receiving an epiphany that has carried over into today's trad... Read More
TGIF Macro Man Friday, October 17, 2008 16 Comments Macro Man Macro Man isn't normally one to say "TGIF" on a Friday; while he certainly loves his weekends, he also does legitimately enjoy... Read More
The Good, the Bad, and the Ugly Macro Man Thursday, October 16, 2008 17 Comments Macro Man The Good: Good news has been in short supply, at least judging by financial market price action. But under the surface, the authorities a... Read More
It ain't over til it's over Macro Man Wednesday, October 15, 2008 21 Comments Macro Man So, did you enjoy yesterday's calm, rational, and frankly boring markets? Spoos only managed an 8% daily range.....this stuff is child... Read More
The Company You Keep Macro Man Tuesday, October 14, 2008 26 Comments Macro Man Holmes is back in Europe this morning, enjoying a well-earned break. It seems as if Hank and his European counterparts were busy as Holmes... Read More
The Mystery of the Stolen Plans Macro Man Monday, October 13, 2008 27 Comments Macro Man “Watson,” said Mr. Sherlock Holmes one day after the resolution of a particularly mundane case involving a missing wedding ring and a pet sp... Read More
It's delightful, it's de-lovely, it's de-risking Macro Man Friday, October 10, 2008 29 Comments Macro Man Enough is enough. Markets are completely imploding, both in terms of price and liquidity. When the FTSE future opens 11% lower (!), that... Read More