July 2011 ~ Macro Man

Catching Dutch Disease

All quiet on the Western Front where "No news is bad news" and hence, yesterdays drop. With Europe and US jostling for top dog st...

Today, TMM's Macro traffic light is showing: US: RED EUROPE: AMBER CHINA : GREEN Allowing the vehicles of AUD, CHF, NZD and CAD to speed...

Politics is an evil subject, isn't it? Far too bipolar in the US and it causes all sorts of trouble. That bipolarity is also pretty cle...

It looked for a nano-second as though we were ending the week with the US heading towards some sort of a workout on the debt ceiling and the...

Yesterday the long awaited Euro rescue plan was announced. As ever, it is couched in euro-speak so TMM offer up their translation of the doc...

Here we sit in our trenches, waiting for the whistle to sound as we are all led over the top by a pistol touting lieutenant to our certain d...

TMM think that the news coming out of the Eurogroup pre-meeting discussions is pretty positive and hints at a cunning plan. As Baldrick woul...

"It's a new dawn, it's a new day, it's a new life for me, Yeah, it's a new dawn it's a new day it's a new life ...

Yesterday, TMM ventured forth into the world of BTPs on a macro argument. Today the world has decided that TMM's position has a similarl...

We have been pondering for the past 4 days what to do and our preponderance has been based on our heads saying buy equities sell vol and gea...

Our 36 hour "wait and see" has thrown up some interesting factors over that period. There has been a growing consensus that the ba...

The plan to sell the rally on Friday looking for "normal service to be resumed" after the Month End Noise and US holiday was going...