Annoyed at having to pay a $200k spread to get into your forward-starting var-swap? Frustrated that you have a team of quants working 15 hou...
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Merv has let the genie out of the bottle
If there's on thing punters can rely on these days, it's for Mervyn King to sound as dovish as an albino pigeon trying to get into a...
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Shotguns and Baked Beans May Depreciate in Value Too
Every now and then TMM has the satisfaction of making money, and making money for the reasons they expect. In macro, that can often be more ...
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EUR - a turd no more?
As regular readers will know, Team Macro Man fully subscribes to the view that the obvious trade is more often, than not, the right trade. A...
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Seven crap banks failed a crap test
"Seven crap banks failed a crap test" was our favourite summary of Friday, but TMM, ever positive, have put on their rose-tinted ...
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If you can't inside trade, make sure you know who does
Well it looks like news is gradually leaking out of further stimulus measures in China. This is not any particular news to Team Macro Man be...
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Elvis is Alive!
One of Team Macro Man's favourite pastimes is chuckling at the tin foil hat brigade and their most vocal leaders, the "bullets n Go...
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Roll Over Beethoven
Team Macro Man can't help but notice that the common theme of the summer thus far - gappy, trendless markets with no clear theme aside f...
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Computer says "No"
Just when you think bureaucracy can’t get any more idiotic... it does. After a day of mind-numbing stupidity at work resulting from a “compu...
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I'm still only in Saigon... Every time I think I'm gonna wake up back in the jungle
One of the more fun things about doing macro in emerging markets is that, historically at least, the crises and manias come hard and fast, a...
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Isn't this starting to feel a bit like July 2009?
Team Macro Man fully expected after a 6 day, 9% rally that equities are due a correction, yet despite the best efforts of Mayfair and Greenw...
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Was that a sign of life? Or just a death twitch...?
Yesterday looked as though the markets were making a break for it - the wrong way at that. But did anyone actually put ON any high convictio...
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I can sit here as long as it takes...
Sorry, we fell unconscious for a couple of days. We caught it off the markets. Dull this isn't it? There we were looking for the Euro ne...
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Eurostriches
Back in mid-May we were concerned that the Europarity Knights were getting a little over-excited and that the pathetic little bunny of the E...
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Can we be in charge of sports please?
In normal Macro Man tradition, we will use a public holiday to step back from markets and take a lighter-hearted look at the world. The last...
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Pleasure Before Work
Team Macro Man are somewhat busy today and will be enjoying the delights of summer sporting events rather than waiting for the outcome of th...
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Due to Unforeseen Circumstances
Right, folks, before we start, as an answer to the market mosquitoes constantly buzzing around with their high pitched whines of dark-battle...
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