tag:blogger.com,1999:blog-34323687.post5200382979901329760..comments2024-03-29T12:12:06.420+00:00Comments on Macro Man: Financial Nursery RhymesMacro Manhttp://www.blogger.com/profile/12324967552369915949noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-34323687.post-58150739344510384692008-09-01T14:34:00.000+01:002008-09-01T14:34:00.000+01:00Mary bought stoxx on marginnow her arse is a barga...Mary bought stoxx on margin<BR/>now her arse is a bargain.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-26741630291723514002008-09-01T03:33:00.000+01:002008-09-01T03:33:00.000+01:00See my Wall Street Nursery RhymesThe five little p...See my <A>Wall Street Nursery Rhymes</A><BR/><BR/>The five little piggies<BR/>This little piggy put in a market order...<BR/>This little piggy put in a limit order...<BR/>This little piggy traded derivatives...<BR/>This little piggy traded cash [market]...<BR/>And this little piggy got caught insider trading and went<BR/>wee wee wee wee wee...<BR/>...all the way to Club Fed.<BR/><BR/><BR/><BR/>Old MacDonald<BR/>Old MacDonald had a farm,<BR/>Ee-ii-ee-ii-oo,<BR/>On this farm he had an investment banker,<BR/>Ee-ii-ee-ii-oo,<BR/>And a Strong Buy here and a Strong Buy there<BR/>Here a Buy there a Buy<BR/>Everywhere a Strong Buy!<BR/>Old MacDonald had a farm<BR/>Ee-ii-ee-ii-oo...Cam Hui, CFAhttps://www.blogger.com/profile/09672203690656029787noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-54883394462373994362007-08-28T19:49:00.000+01:002007-08-28T19:49:00.000+01:00Ah, you've got me blushing, C. Normally, I only g...Ah, you've got me blushing, C. Normally, I only get compared to Oscar after being drunk and disorderly in Reading, or when someone says "Hey MM, you're no Oscar Wilde."<BR/><BR/>FR, whether this is the start of the next leg of the "big'un" or whether it's simply an unwind of last week's low-volume rally remains to be seen. The next micro news of interest will, I suspect, be the investment bank earnings releases in early-mid September.Macro Manhttps://www.blogger.com/profile/12324967552369915949noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-30153054367693051502007-08-28T19:14:00.000+01:002007-08-28T19:14:00.000+01:00Bravo, on the poems MM! Witty as Wilde, wiht just-...Bravo, on the poems MM! Witty as Wilde, wiht just-as-clever turns of phrase. <BR/><BR/>Markets, on the other hand, are having a veritable <I>Guinness episode</I>, the likes of which after too many pints, one knows not whether the bottom's dropping out of one's world, or the world is dropping out of one's...."Cassandra"https://www.blogger.com/profile/17412381249313151515noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-75654599368890708242007-08-28T18:31:00.000+01:002007-08-28T18:31:00.000+01:00Hey MM, you wanted firworks, and I think you're ge...Hey MM, you wanted firworks, and I think you're getting them now... It feels very much like the bounce/short covering (wave B?) is over and we are entering another leg of the sell-off that marches to the beat of global liquidity fears and an overstretched american consumer. Regards, FRAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-2695996661300039772007-08-28T16:13:00.000+01:002007-08-28T16:13:00.000+01:00Hmm, maybe I should try and see if Perez Hilton or...Hmm, maybe I should try and see if Perez Hilton or some other really popular blogger could post my poll on their site...Macro Manhttps://www.blogger.com/profile/12324967552369915949noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-7379297925296174762007-08-28T16:07:00.000+01:002007-08-28T16:07:00.000+01:00"Does this mean that conditions on Main Street are..."Does this mean that conditions on Main Street are not quite as healthy as Macro Man believes?"<BR/><BR/>I would venture that the retail investor readers of your blog are equally as disconnected from Main Street as the professionals are, as well as being less experienced in the Wall Street arena.<BR/><BR/>Main Streeters don't read "Macro Man" or follow the markets, but they can tell you with great accuracy who won on Idol and whether Lindsay Lohan is in rehab or not this week. To get a read on conditions at Main Street, one needs to go elsewhere ...nodoodahshttps://www.blogger.com/profile/05324705536306995431noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-6999681241357770562007-08-28T13:42:00.000+01:002007-08-28T13:42:00.000+01:00I suppose I think that he will, though I also expe...I suppose I think that he will, though I also expect that it would be a mistake. A period of below-trend growth and higher financial market risk premia would actually be quite a favourable outcome for the United States in the long run, insofar as it would encourage more prudent risk-taking and perhaps engender more savings at the household level.<BR/><BR/>By the same token, at face value the govvy curve is pricing in quite a bit of easing. While some of that is obviously a 'flight to quality' bid to Treasuries, I can't help thining that the government curve will be flatter several months from now than it is today. Not to say it couldn't steepen further first should the front end go psycho bid on more cash market dysfunction.Macro Manhttps://www.blogger.com/profile/12324967552369915949noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-16810185298499269322007-08-28T13:20:00.000+01:002007-08-28T13:20:00.000+01:00While noting your possible risk/reward trade to fa...While noting your possible risk/reward trade to fade consensus on a Sept. rate cut, do you feel that Big Ben will lower the fed funds rate at least a little bit in the next 6 months? What do you think the yield curve will look like in the coming months?prophetshttps://www.blogger.com/profile/16688051502761732148noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-51358936737850245352007-08-28T13:19:00.000+01:002007-08-28T13:19:00.000+01:00This comment has been removed by the author.prophetshttps://www.blogger.com/profile/16688051502761732148noreply@blogger.com