TMM get the feeling that the market is very well positioned for more bad news, which in the big macro scheme of things is just fine. The US ...
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Checking Our Bearings
Amazing how quickly time goes when you are on holiday isn't it? Also amazing how exhausting a "holiday" can be. Of course ret...
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Notes from some small islands.
Team Macro Man are currently on vacation and will be back sometime next week, so probably no posts before then.
But first some notes from h...
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Darkness! The Tables Have Turned!
Well that didn't last long - one rumored China rate hike, a messy German GDP print and we are back to full panic stations. TMM are tempt...
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I Had A Dream
Do you ever have one of these days where you wake up with a burning feeling with respect to a trade and that the rest of the world just can...
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Riots and Safes
It may be a product of an era of comfort and cosseting or it may be a throw back to the guilt of Empire, but whatever the reason, The Britis...
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You know the world has gone mad when...
When we entitled yesterdays post "Judgement Day" TMM really weren't expecting the final S+P close to be a portentous -6.66%. ...
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Judgement Day
Like the rest of you we are up to our eyeballs today in work stuff, so will be brief.
Well they DID do something (see our translation in ...
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Euro Statement II - Translated
Well we have just had the addendum to the original Euro Statement, Team Macro Man once again try and offer some clarity through their transl...
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They are NOT Alone
But are they strong? Japan is joining the fray on its Intervention day. As with all intervention days the market puts down its economic pla...
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Are they Alone?
As per yesterday's post we are trying to stand clear, but the SNB action today has been a shot of adrenalin into the arm of the patient....
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