Wednesday, January 14, 2009
Macro Man is likely to be tied up for much of Thursday morning in meetings. Suffice to say that this week's poor equity market price action was not part of the game plan (Macro Man thought we'd see a squeeze up to 1000+ in the SPX by mid-February) and has sent him back to the drawing board. It's hard to believe that he wrote a post entitled "I love risk" little more than a week ago.
The main event for Thursday is, of course, the ECB; readers and punters should feel free to use this post as an open thread over the course of the day. To get the ball rolling, here's another poll on what the ECB will do: Macro Man's own vote is for a boring 50 bps from Kermit and co.
results are here