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...
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If the day ends in Y, make a new high
Another day, another (yawn) new high in the SPX. Yesterday's data was solid, fixed income is very well behaved, and the internal gyrati...
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Euriborderline insane?
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 ...
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An explanation for the BTP sell-off
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...
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I Like Sports
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...
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Exodus: a few thoughts
If market consensus is correct, today's FOMC minutes should start clarifying the committee's views on its exit strategy and the shap...
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The Bond Short Has Closed: Now What?
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 ...
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Things get a bit more interesting
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...
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Be Careful What You Wish For
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...
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Carney folk
"Step right up, step right up, come in and see the show! Today's spectacle features some labour market data and a quarterly infla...
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What's the Sanskrit for caveat emptor?
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...
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Summer Reading
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...
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Friday bullet points
* "The governing council is comfortable with acting next time" - Mario Draghi. Now there is some forward guidance. Although ...
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