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...
Read More
At the lights
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...
Read More
We can't believe it
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...
Read More
Looking over the edge
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...
Read More
Euro Statement Translated
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...
Read More
Going Over The Top
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...
Read More
Another Cunning Plan
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...
Read More
It's a New Dawn
"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 ...
Read More
Stressless (Deja Vu Edition)
So the stress tests, Italy and the budgetary farce playing out in the US continue to bubble in the background against the increasing signs t...
Read More
Breaking the Euro's Bonds
Konrad Lorenz once said: "The bond with a true dog is as lasting as the ties of this earth will ever be." It is perhaps good fortu...
Read More
Macro Ain't Easy
If you’ve been befuddled by some of TMM’s missteps and confusion at the world well, apparently we are not alone per the WSJ . It has not bee...
Read More
Repelling Hannibal
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...
Read More
A Tale of Two Sh1tties
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...
Read More
Come the Resolution
Our 36 hour "wait and see" has thrown up some interesting factors over that period. There has been a growing consensus that the ba...
Read More
U-Turn or U-bend
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...
Read More
Subscribe to:
Posts (Atom)