It's a great day for golf today- sunny and warm in the Southeast of England. So Macro Man has spent the morning on the links with his f...
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Slip Slidin' Away
Although equity markets are currently bouncing as Macro Man writes, and the blog reader indicator ticked up yesterday, do any of the followi...
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Inconceivable!
So, Vizzini said his piece last night, observing that growth risks, while mitigated, remained to the downside, while inflation risks were s...
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Vizzini takes charge of the Fed
There was a remarkable development at the start of the Federal Open Market Committee's deliberations last night which somehow managed to...
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If you whack it, they will come
There seems to be a phenomenon in the financial news/entertainment sphere (a region that Macro Man in some way inhabits via this space) that...
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Euro 2008: A Glimpse at the Future of Europe
It's often said that "art imitates life." Sometimes, so, too, does sport. In watching the 2008 European football championsh...
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The witch's hat
It's triple witching day today in equity land, and on the evidence so far the old crones have cooked up a stonker. The bubbling witches...
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Hits, Runs, and Errors
Macro Man's going to have to figure out how to assign a macro to the shift-F9 keystroke that will automatically type out "it isn...
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Fair game?
While summer doesn't officially start until Saturday, in many ways it feels as if summer markets are already here. Vol sellers have eme...
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The joys of writing
When Macro Man began scribbling down his thoughts in this space in September 2006 , he didn't really know what to expect from the endeav...
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Ireland's call
It's not often that developments in the political sphere bring a smile to Macro Man's face, but he has to admit that he enjoyed the ...
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Kicking and screaming
Another day, another bloodbath. Following on from yesterday's limp close in the S&P 500, Macro Man's screens are a sea of red t...
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When bad hedges happen to good people
It ain't getting any easier, is it? While Macro Man has escaped, if only temporarily, from the House of the Fat Tail (which has a lawn ...
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Life in a fat tail
You can never say never in this business. Although it's not a terribly noble thing to admit, many market participants, Macro Man amo...
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Make no mistake
There is something very, very wrong with financial markets at the moment. Cash 2-10 yield curves don't make 18 bp round trips in a sing...
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If the day ends in y
Well, that was an enjoyable weekend respite, wan't it? Wonderful warm, sunny weather, which suited Macro Man down to a T, as he had so...
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Trichet's message to Euribor longs
It's Hammer time, baby!
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Stop! Hammer Time
Man oh man. Just when you think things can't any weirder, they turn around and do so. Yesterday saw ECB president Jean-Claude Trichet pr...
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