The chart: German harmonized inflation source: inflation.eu The story: The flash estimate of German H...
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Core meltdown
Well, that got ugly in a hurry. Curiously, however, yesterday's risky asset selling never really seemed to reach a panicked crescendo; ...
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Monday morning bullet points
* 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...
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Takeaways from Yellen and EM
Here are three takeaways from Yellen's speech: * Somehow, the Fed's estimate of the long run trend in inflation has not budged fro...
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The Lady Is A Tramp
With apologies to Frank .... She gets too worried about China's state She likes easy money and never hikes rates She never bothers w...
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Comparing VW to the Finance Industry
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...
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He-said, she-said
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,...
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Programming note
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...
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Bringing a bazooka to a gun fight
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...
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Shootout at the Rate Hike Corral
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...
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Beyond my control?
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...
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Waiting on the BOJ
Macro Man is writing on Monday evening, a few hours before the BOJ announces policy. Relatively little is expected at this meeting, even th...
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Caring about weak Chinese data is sooooo last month
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...
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World not ending: news at 11
Although Macro Man wrote yesterday of his aversion to stepping into the breach for Brazilian assets, he can still, in the immortal words of ...
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Menos que nada
Yesterday's price action provided a not-so-gentle reminder of a few home truths about the current state of play in financial markets: ...
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More thoughts on China
So the "shocking collapse" in Chinese imports was so severe that global equities ripped yesterday, albeit with the aid of a friend...
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Rendered without comment
Latest readings in red.
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Climbing and descending
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...
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