November has been a very strange month indeed. For the entirety of the month, Macro Man has been trying to chip away and establish a P/L foo...
Read More
Ten Things I'm Thankful For
Hard to believe that it's Thanksgiving already. November, and indeed 2008, have flown by in a blur. Before settling into a day of heav...
Read More
Ricardian Equivalence
Another day, another program ....or, in the case of yesterday, two . Yesterday's announcement of a new ABS lending program and, perhaps...
Read More
Raindrops keep falling on my head
Repeat after me: 6.5% rallies only occur in bear markets....6.5% rallies only occur in bear markets.... Yesterday's equity love-fest wa...
Read More
Oh What a Tangled Web
"Oh what a tangled web we weave, When first we practice to deceive" - Sir Walter Scott "But when we've practiced f...
Read More
A few thoughts on banks
Wow. Just when you thought that Team 850 had managed to contain equity weakness, they pull their bid and stocks go down like a lead balloon....
Read More
Interesting, If Not Lucrative
Where to start? The newsflow over the past twenty four hours has been very interesting indeed, as has the price action. Not that it's ...
Read More
20 Questions
On a relatively slow morning, it's time to play another game of 20 Questions.... 1) Who gets to fill Team 850's (the new name of Tea...
Read More
Everything You Need to Know About the G20 Statement in One Word
Well, that was exciting. The weekend G20 meeting was evidently highly successful, at least if we are to judge by the length of the statement...
Read More
Two Observations
Macro Man's a bit pressed for time today, so he'll confine today's effort to making two observations: 1) He's not sure exact...
Read More
I'm Sorry, I Haven't a Clue
There is a long and glorious history of transatlantic cross-fertilization when it comes to television programs and other forms of entertainm...
Read More
Back of the queue!
While the newsflow continues unabated, market engagement remains tepid at best; as noted, many punters (and banks) seem content to limp into...
Read More
What Does 4 Trillion Yuan Buy?
Friday was a milestone in the evolution of the ongoing financial crisis. No, not the employment data, which was execrable (and prompted Gol...
Read More
Subscribe to:
Posts (Atom)