Encore Une Fois Macro Man Wednesday, July 30, 2014 15 Comments Macro Man Yesterday's discussion of financial market versus real economy leverage prompted Macro Man to spend some time hanging out with FRED to d... Read More
Thoughts on leverage Macro Man Tuesday, July 29, 2014 9 Comments Macro Man Yesterday's post generated quite a bit of repartee in the comments section, including a good question from TMM alumnus Polemic about the... Read More
A few thoughts on volatility Macro Man Monday, July 28, 2014 24 Comments Macro Man Market volatility is low, whether measured on an historical or option-implied basis. Indeed, based on a measure of the normalized deviation... Read More
One of these things Macro Man Friday, July 25, 2014 8 Comments Macro Man It's time to kick it old-school play a game of the perennial Sesame Street favourite, 'One of These Things is Not Like the Others.... Read More
Same-o, Same-o Macro Man Wednesday, July 23, 2014 12 Comments Macro Man Last week's min-bout of volatility notwithstanding, one day just seems to run into another these days, doesn't it. Consider the fol... Read More
A couple of thoughts on EM equities Macro Man Tuesday, July 22, 2014 13 Comments Macro Man At last, some peace and quiet. After two days of searing, 1% move volatility, the S&P 500 finally allowed punters to take a breather ye... Read More
Two for two Macro Man Monday, July 21, 2014 1 Comment Macro Man Volatile days are like late-night buses: None for ages and then a bunch come all at once. The SPX registered its second 1% day in a row o... Read More
Ding, dong, the streak is dead Macro Man Friday, July 18, 2014 12 Comments Macro Man The streak is dead. It took red headline flashes of another downed Malaysian aircraft (this time by bad dudes), military action in the Mi... Read More
Dammit, Janet Macro Man Wednesday, July 16, 2014 22 Comments Macro Man I've got something to say I really loved the skillful way You told us which assets were fairly valued today! The river of BS was dee... Read More
Fedspeak-English dictionary Macro Man Tuesday, July 15, 2014 12 Comments Macro Man To help readers navigate through Janet Yellen's Congressional testimony this week, Macro Man is happy to call on his two decades-plus of... Read More
Deutschland uber alles? Macro Man Monday, July 14, 2014 4 Comments Macro Man So congratulations, then, to the Germans, who were worthy winners of the World Cup yesterday. Macro Man was surprised to find himself hopin... Read More
Cynk or swim? Macro Man Thursday, July 10, 2014 24 Comments Macro Man From Macro Man's perch, the most interesting part of yesterday's Fed minutes was the initial section on monetary policy normalizatio... Read More
A shocker Macro Man Wednesday, July 09, 2014 5 Comments Macro Man Normal service will resume soon, but Macro man is still pressed for time ce soir. It's been a fairly interesting week's trading, a... Read More
Ten brief observations Macro Man Monday, July 07, 2014 17 Comments Macro Man Macro Man is still inundated with family for a few more days, so today's post will consist of ten brief observations: * The 6 month mo... Read More
FWIW... Macro Man Thursday, July 03, 2014 5 Comments Macro Man Macro Man's model suggests NFP of 250 today. Good luck! Read More
Happy 10th Birthday! Macro Man Tuesday, July 01, 2014 12 Comments Macro Man Posting will be sporadic for the rest of the week as Macro Man (well, more Mrs. Macro if he's honest) is hosting a family reunion and th... Read More