The Macro boys, like most children in industrialized countries, remain out of school this week. However, when they return to their scholarl...
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The Case of the Missing Record
It was mid-morning on a mild December's day in the year 20-- that I received a wire from Mr. Sherlock Holmes requesting the pleasure of ...
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4 points to kick off Christmas week
1) Whether Santa was waylaid or whether it was option expiry, Friday's price action was downright ugly. Some sort of bounce in the SP...
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Top Ten Reasons the Santa Rally Failed Yesterday
1) A trio of burly repo men skedaddled up to the North Pole and took Santa's sleigh after he couldn't afford the payments with the n...
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The first hike in the history of this commentary
And so here we are. This blog is more than nine years old, and has never had the pleasure of commenting upon a Federal Reserve rate hike. ...
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Having a go at tomorrow's statement
Just one more day to go. Markets are understandably jittery, and that's just commenting on the actual people involved; algos and robot...
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Bad Credit
The big week is finally here, but before addressing the Fed tomorrow there's some unfinished business from last week that requires atten...
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Tom, Dick, and Harry
Another day, another beefy increase in the CNY reference rate. Over the last week the RMB has been marked some 0.8% lower versus the dollar...
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Hunting flamingos...and turkeys.
It's flamingo hunting season and Clubber Lang looks set to win the coveted "forecaster of the month" award. A flamingo, for...
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Three things
1) Further to yesterday's post, Macro Man did a little more digging on relative credit valuation. Small caps have been something of a ...
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Oil and credit
Markets are trading with a lack of conviction characteristic of recent P/L distress and an upcoming event risk of the type that generally em...
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