Time to resurrect the Shift-F9 button? Macro Man Friday, May 30, 2014 11 Comments Macro Man Back in his original stint as this site's author, Macro Man used to muse about writing a macro to auto-blog when the same themes croppe... Read More
If the day ends in Y, make a new high Macro Man Wednesday, May 28, 2014 4 Comments Macro Man Another day, another (yawn) new high in the SPX. Yesterday's data was solid, fixed income is very well behaved, and the internal gyrati... Read More
Euriborderline insane? Macro Man Tuesday, May 27, 2014 9 Comments Macro Man What BTP sell-off? Although the protest party (or, if you're a member of the European political elite, the looney-bin party) vote was ... Read More
An explanation for the BTP sell-off Macro Man Friday, May 23, 2014 2 Comments Macro Man At last, it becomes clear why BTPs have sold off over the last week or so. Istat, the national statistics agency, will now include prostitu... Read More
I Like Sports Macro Man Thursday, May 22, 2014 7 Comments Macro Man In the end, the Fed minutes were pretty anodyne, acknowledging a few of the issues noted in this space yesterday while stopping well short o... Read More
Exodus: a few thoughts Macro Man Wednesday, May 21, 2014 9 Comments Macro Man If market consensus is correct, today's FOMC minutes should start clarifying the committee's views on its exit strategy and the shap... Read More
Go Fish Macro Man Tuesday, May 20, 2014 8 Comments Macro Man Although tomorrow's Fed minutes will likely attempt to elucidate some semblance of a revamped exit strategy, what's the point of was... Read More
The Bond Short Has Closed: Now What? Macro Man Monday, May 19, 2014 3 Comments Macro Man According to the CFTC data, the short position across the US Treasury curve has now closed. The data from Tuesday (when TY closed 2/3 of a ... Read More
Things get a bit more interesting Macro Man Friday, May 16, 2014 4 Comments Macro Man Well, at least it got a bit interesting yesterday. The fun started off in Europe, where the periphery widened sharply on stories of a poten... Read More
Be Careful What You Wish For Macro Man Thursday, May 15, 2014 7 Comments Macro Man Just like the sideshow huckster who convinces you to have a go at knocking over the milk bottles , the Bank of England's own Carney lure... Read More
Carney folk Macro Man Wednesday, May 14, 2014 6 Comments Macro Man "Step right up, step right up, come in and see the show! Today's spectacle features some labour market data and a quarterly infla... Read More
What's the Sanskrit for caveat emptor? Macro Man Tuesday, May 13, 2014 7 Comments Macro Man Ho hum, another day, another new high in Spooz. Macro Man's decision to lighten up may have been a bit premature, but he has more to g... Read More
Summer Reading Macro Man Monday, May 12, 2014 13 Comments Macro Man The market is quiet (too quiet, you can almost hear an Clint Eastwood type character mutter as he chomps on a cigar) ahead of UK-palooza and... Read More
Friday bullet points Macro Man Friday, May 09, 2014 8 Comments Macro Man * "The governing council is comfortable with acting next time" - Mario Draghi. Now there is some forward guidance. Although ... Read More