3 charts, 3 stories Macro Man Wednesday, September 30, 2015 39 Comments Macro Man The chart: German harmonized inflation source: inflation.eu The story: The flash estimate of German H... Read More
Core meltdown Macro Man Tuesday, September 29, 2015 36 Comments Macro Man Well, that got ugly in a hurry. Curiously, however, yesterday's risky asset selling never really seemed to reach a panicked crescendo; ... Read More
Monday morning bullet points Macro Man Monday, September 28, 2015 26 Comments Macro Man * While some markets keyed on Yellen's comment that she expects to raise rates this year, one that did not is the (sigh) Fed Futures ma... Read More
Takeaways from Yellen and EM Macro Man Friday, September 25, 2015 47 Comments Macro Man Here are three takeaways from Yellen's speech: * Somehow, the Fed's estimate of the long run trend in inflation has not budged fro... Read More
The Lady Is A Tramp Macro Man Thursday, September 24, 2015 46 Comments Macro Man With apologies to Frank .... She gets too worried about China's state She likes easy money and never hikes rates She never bothers w... Read More
Comparing VW to the Finance Industry Macro Man Wednesday, September 23, 2015 20 Comments Macro Man What can we say about yesterday's ugly price action? While it seems to Macro Man that the VW episode is very, very unlikely to be t... Read More
He-said, she-said Macro Man Tuesday, September 22, 2015 60 Comments Macro Man Maybe it was relief after Friday's vicious expiry-led sell-offs on both side of the Atlantic. Maybe it was the recent game of He-said,... Read More
Programming note Macro Man Saturday, September 19, 2015 17 Comments Macro Man Guys, can I request that we take the sophomoric insults and leave them in the Yahoo message boards. This forum should be used to discuss m... Read More
Bringing a bazooka to a gun fight Macro Man Friday, September 18, 2015 70 Comments Macro Man In the end it was a dovish pass, and so Yellen rolled up to the Rate Hike Corral carrying a bazooka to a gun fight, laying waste to those co... Read More
Shootout at the Rate Hike Corral Macro Man Thursday, September 17, 2015 50 Comments Macro Man At long last, the big day is finally here. For nearly two years, Macro Man has been operating off of a playbook in which the Fed more or le... Read More
Beyond my control? Macro Man Wednesday, September 16, 2015 29 Comments Macro Man T-minus one day and counting. Macro Man was intrigued to see bond markets come under the cosh yesterday ahead of the Fed. Sure, retail sal... Read More
Waiting on the BOJ Macro Man Tuesday, September 15, 2015 36 Comments Macro Man Macro Man is writing on Monday evening, a few hours before the BOJ announces policy. Relatively little is expected at this meeting, even th... Read More
Caring about weak Chinese data is sooooo last month Macro Man Monday, September 14, 2015 14 Comments Macro Man And so the big week begins not with a bang but a whimper. China's industrial production and fixed asset investment data for August bot... Read More
World not ending: news at 11 Macro Man Friday, September 11, 2015 29 Comments Macro Man Although Macro Man wrote yesterday of his aversion to stepping into the breach for Brazilian assets, he can still, in the immortal words of ... Read More
Menos que nada Macro Man Thursday, September 10, 2015 10 Comments Macro Man Yesterday's price action provided a not-so-gentle reminder of a few home truths about the current state of play in financial markets: ... Read More
More thoughts on China Macro Man Wednesday, September 09, 2015 23 Comments Macro Man So the "shocking collapse" in Chinese imports was so severe that global equities ripped yesterday, albeit with the aid of a friend... Read More
Tantrums Macro Man Tuesday, September 08, 2015 21 Comments Macro Man Although the thermometer is forecast to reach 92 degrees Fahrenheit today (33 Celsius), the passage of the Labor Day holiday represents the ... Read More
Rendered without comment Macro Man Friday, September 04, 2015 43 Comments Macro Man Latest readings in red. Read More
Climbing and descending Macro Man Friday, September 04, 2015 12 Comments Macro Man Macro Man is back in his seat after enacting the past few weeks' of price action in financial markets on the saddle of a bicycle. Firs... Read More