Monday, September 14, 2009
Well, well, well. The long-awaited protectionist chickens are coming home to roost. Amongst all the over-the-top furore over the president's birth certificate, Macro Man wonders if the conspiracists shouldn't actually be checking to see if his birth name wasn't "Steve Carlton"?
In any event, the brouhaha over tires (and chicken and cars) has predictably set risk assets onto the back foot today, after Friday's late session sag following the tariff announcement. How long it lasts remains to be seen.
Macro Man is trying something different today. After spinning his wheels for the last couple of weeks, he wants to take a step back and get a sense of where consensus lies in a few key markets. So it's your turn to write the post today, by answering the four poll questions below.
Results for the SPX, gold, and yen polls.