tag:blogger.com,1999:blog-34323687.post8913169744454088714..comments2024-03-28T12:22:11.704+00:00Comments on Macro Man: Is it true?Macro Manhttp://www.blogger.com/profile/12324967552369915949noreply@blogger.comBlogger27125tag:blogger.com,1999:blog-34323687.post-66011927365672687042020-01-23T12:58:42.026+00:002020-01-23T12:58:42.026+00:00Your post is very helpful!
It’s really amazing to ...Your post is very helpful!<br />It’s really amazing to have great stuff.<br />thanks a lot for sharing it.<br /><br />I would like to offer a great topic for you. Once check it for valuable information. <br /><br /><b><a href="https://stockinvestor.finance.blog/2019/12/19/currency-trading-and-currency-pairs-in-forex-market/" rel="nofollow">Equity Market</a></b><br /><b><a href="https://stockinvestorfinance.blogspot.com/2019/12/currency-trading-currency-pairs-in.html" rel="nofollow">Equity Market</a></b><br /><b><a href="https://stockinvestor.hatenablog.com/entry/2019/12/19/180442" rel="nofollow">Equity Market</a></b><br /><b><a href="https://maya27.doodlekit.com/blog/entry/6447467/currency-trading-and-currency-pairs-in-forex-market" rel="nofollow">Equity Market</a></b>Maya Aaliyahhttps://www.blogger.com/profile/01951153899056839326noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-41883633534515911642011-04-28T10:47:24.577+01:002011-04-28T10:47:24.577+01:00@Nemo I thought Yorkshire was known as god's c...@Nemo I thought Yorkshire was known as god's country.<br /><br />Anyhow I suspect TMM are actually all camped out for the royal wedding.<br />:)<br /><br />MCManc Traderhttps://www.blogger.com/profile/15419060899207287530noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-78130870494583573002011-04-27T21:50:33.758+01:002011-04-27T21:50:33.758+01:00All bow to the Beard with Gold, Silver and the SPY...All bow to the Beard with Gold, Silver and the SPY (and the AUDUSD) hitting new highs and the USD new lows. <br /><br />I would state the obvious and say that it will all end soon, but I can't be bothered :) <br /><br />ClausCVhttps://www.blogger.com/profile/16843402165210120665noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-55305489776247422632011-04-27T20:53:46.937+01:002011-04-27T20:53:46.937+01:00Making GDP forecasts for 2012 from this far out is...Making GDP forecasts for 2012 from this far out is patently absurd, and I am not sure why a central bank would see it as their job to publicize any such forecast they might make.<br /><br />Slower growth is really priced into Treasuries here now, so a 2 handle on 1Q GDP tomorrow might count as an upside surprise, not to mention the jobs reports the following week.<br /><br />You can probably let loose with the rotten tomatoes now.... I was obviously wrong about today being the end of DGDF, GGUF etc.Leftbacknoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-72388166278026240762011-04-27T20:34:46.074+01:002011-04-27T20:34:46.074+01:00Fed Chairman Bernanke recently began his press con...Fed Chairman Bernanke recently began his press conference. He has outlined a revisions to the GDP forecast, which now suggests that the economy will grow between 3.1% and 3.3% in 2011 after it had previously been forecasted to grow between 3.4% and 3.9%. For 2012, GDP is now expected to grow between 3.5% and 4.2% after it had been forecasted to grow between 3.5% and 4.4%. For 2013, GDP is expected to grow between 3.5% and 4.3% after it had been forecasted to grow between 3.5% and 4.6%. Long-run growth is now expected to range from 2.5% to 2.8%, versus the range of 2.4% to 3.0% that had been issued previously.<br /><br />So to recap:<br />3.1% - 3.3% vs 3.4% - 3.9%<br />3.5% - 4.2% vs 3.5% - 4.4%<br />3.5% - 4.3% vs 3.5% - 4.6%<br />2.5% - 2.8% vs 2.4% - 3.0%<br /><br />Near term estimates lower, and very long term expectations more volatile, but all the intermediate term stuff is in the bag. That reminds me of how we used to play schedule-delivery poker with a gullible project manager, feeding very precise estimates with a slowly decreasing tolerance, hoping against hope that you don't run out of room to tighten before *somebody*else* screws the pooch and has to admit they can't deliver.k1https://www.blogger.com/profile/09225280954749523413noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-78896666937779805952011-04-27T18:31:32.453+01:002011-04-27T18:31:32.453+01:00Hold the rotten tomatoes until the end of the day....Hold the rotten tomatoes until the end of the day...Leftbacknoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-38189103862327864302011-04-27T17:27:45.080+01:002011-04-27T17:27:45.080+01:00Thank god LB is aroundThank god LB is aroundAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-86916981976363496262011-04-27T17:07:12.895+01:002011-04-27T17:07:12.895+01:00There is a huge void when there is no Macro Man po...There is a huge void when there is no Macro Man post..! I am sure they are busy with one.... permit me to speculate in the interim so you can have fun with my inaccuracy afterwards...<br /><br />I am not bearish Treasuries in general. However there is a potential here for a reversal upwards in yields. The market is pricing in all kinds of QEasing and also a weak GDP. If we get a 2 handle tomorrow then surely we are going to see a sharp sell off in bonds. Any hint today that they are going to do a little bit of QE2.5 (MBS rollovers) but they are not going to QE3, then we should get back to the kind of yields that were in play before the Goldman downgrade of GDP. <br /><br />If there is a Cold Turkey kind of statement on bond buying then we are really going to see a substantial move in yields. I assume that a genuine 25 bps rate hike is completely off the table but a small symbolic thing, like a 10 bps BoJ kind of deal, or some other form of tinkering using the Fed's "tool kit" might not be beyond the bounds of possibility.Leftbacknoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-83931227614110534332011-04-27T16:32:06.700+01:002011-04-27T16:32:06.700+01:00LB is wondering whether this FOMC day might be one...LB is wondering whether this FOMC day might be one of those days "that will live in infamy", if you are a precious metals bug, that is.<br /><br />Feels like there might be a Pearl Harbor in the offing for certain segments of the punting community. Sold some Treasuries yesterday. I like being in cash when central bankers are getting ready to play dice*.<br /><br />* "God doesn't play dice" (Einstein)Leftbacknoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-85667231320689106412011-04-26T17:10:30.725+01:002011-04-26T17:10:30.725+01:00LB,oh that is so yesterday.LB,oh that is so yesterday.FXnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-83184391943006333952011-04-26T15:55:49.625+01:002011-04-26T15:55:49.625+01:00Greek 2y at 24% today, 10y at 15%, Portugal headin...Greek 2y at 24% today, 10y at 15%, Portugal heading for 10%, Ireland is already there.<br /><br />http://www.bloomberg.com/apps/quote?ticker=GGGB10YR:IND<br /><br />http://www.bloomberg.com/apps/quote?ticker=GSPT10YR:IND&n=y<br /><br />http://www.bloomberg.com/apps/quote?ticker=GIGB10YR:IND&n=y<br /><br />Equities and EURUSD up on this news, obviously..... apparently I am the only person in the world today who is nervous about credit markets.Leftbacknoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-44975428199572606312011-04-25T22:12:35.644+01:002011-04-25T22:12:35.644+01:00I see that the Easter Bunny is holding a Press Con...I see that the Easter Bunny is holding a Press Conference this week to discuss weighty matters, such as whether there is "inflation" in the price of Easter eggs, and whether such inflation as there might or might in fact not be is "temporary" or not, and whether the Easter Bunny's policies of Quantitative Easing have resulted in the nefarious practice of retailer substitution of big dark chocolate Cadbury's Easter eggs with rather inferior offerings marked "Hershey Highway, PA, U.S.A.".<br /><br />Now, wasn't there some sort of debt crisis going on before the Easter Bunny absorbed our attention?Leftbacknoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-67031085796524170992011-04-25T13:10:04.114+01:002011-04-25T13:10:04.114+01:00I am in Australia and I can report that the best l...I am in Australia and I can report that the best looking girls ARE solar powered and there does appear to have been some serious uptake due to solar panel rebates or something..... then again, maybe this is why they call it god's country.Nemo Incognitohttps://www.blogger.com/profile/07345185457108156269noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-76161879180438225942011-04-25T12:00:02.785+01:002011-04-25T12:00:02.785+01:00Very funny post! I can particularly relate to the...Very funny post! I can particularly relate to the bacon/ sausage egg mcmuffin debate and the solar powered observation is 100% correct!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-86831379717934227862011-04-24T13:07:03.381+01:002011-04-24T13:07:03.381+01:00Great post, very creative too! (maybe you guys are...Great post, very creative too! (maybe you guys are in the wrong line of business!? :) ) Loughed out lout on 12 and 6c while on the bus (in Singapore)FiatMoneyhttps://www.blogger.com/profile/15672827538147682342noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-58222589131188890542011-04-21T15:44:05.726+01:002011-04-21T15:44:05.726+01:00Department of giving credit where credit is due:
...Department of giving credit where credit is due:<br /><br />TMM was correct on the following:<br /><br />a) SPX 1295 support level holding (all)<br />b) Earnings season being OK, esp. tech (cpmppi)<br />c) USDJPY falling back towards 80 (Polemic)<br />d) S&P downgrade of USTs having no effect<br />e) Going home early for Easter was a good idea.<br /><br />So, well done, TMM, well done indeed !Leftbacknoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-77260938875250046262011-04-21T15:30:16.715+01:002011-04-21T15:30:16.715+01:00Attractive women ARE solar powered. That is the gr...Attractive women ARE solar powered. That is the greatest description of the phenomena I have struggled to fully understand for much of my life.Mintynoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-87472958828006130542011-04-21T00:45:03.933+01:002011-04-21T00:45:03.933+01:00Epic post.Epic post.EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-20968472258807489682011-04-21T00:07:31.979+01:002011-04-21T00:07:31.979+01:004242Intrinsichttp://theintrinsicvalue.comnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-16417239852201710022011-04-20T23:37:01.321+01:002011-04-20T23:37:01.321+01:00Is it true?
Yes
On macca's, now I understa...Is it true?<br /><br /><br />Yes<br /><br /><br />On macca's, now I understand why they are the butt of a lot of jokes. One way to lose weight!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-57831989480935933172011-04-20T20:11:03.904+01:002011-04-20T20:11:03.904+01:00Anon, I will weigh in over there after the close, ...Anon, I will weigh in over there after the close, but LB professes to be more than usually confused re: fixed income. Suggest checking on the degree of short interest in Treasuries (see MM last week) for an indication that the squeeze has ended, or inquire of a certain gentleman in Newport Beach concerning the disposition of a red hot poker. <br /><br />"To be honest, guv'nor, I haven't got a clue"LBnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-18550538421595374962011-04-20T20:05:25.542+01:002011-04-20T20:05:25.542+01:00Not too many Cadbury's Creme eggs, TMM, althou...Not too many Cadbury's Creme eggs, TMM, although that might be a decent hangover cure.<br /><br />Very funny post this morning, the thought of Bill Gross being Edward the Seconded relieved some of my pain in the portfolio region. <br /><br />The gyrations of the Euro continue to confuse, amaze and confound. What can one say, other than Eurobllx?LBnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-45131676177344460292011-04-20T20:05:18.079+01:002011-04-20T20:05:18.079+01:00Happy Easter, TMM.
LB, would aprreciate your take...Happy Easter, TMM.<br /><br />LB, would aprreciate your take on bonds at the "other" blog. I don't know if you still read it.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-31536358081951980812011-04-20T13:55:34.274+01:002011-04-20T13:55:34.274+01:00Brilliant post.
I find that having both bacon an...Brilliant post. <br /><br />I find that having both bacon and sausage egg McMuffins works best for a hangover. <br /><br />I hope the easter bunny is generous.Skippynoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-13375776950296534982011-04-20T12:38:31.674+01:002011-04-20T12:38:31.674+01:00That's the best post ever Macro Man.. especial...That's the best post ever Macro Man.. especially the technical analysis questions! Dow Theory rules again..Anonymousnoreply@blogger.com