tag:blogger.com,1999:blog-34323687.post3184478819869039549..comments2024-03-29T09:24:42.731+00:00Comments on Macro Man: Reasons to be cheerful 1, 2, 3...?Macro Manhttp://www.blogger.com/profile/12324967552369915949noreply@blogger.comBlogger13125tag:blogger.com,1999:blog-34323687.post-18551232960986856842010-05-27T23:08:03.538+01:002010-05-27T23:08:03.538+01:00It's so refreshing to read this blog.
@Charles...It's so refreshing to read this blog.<br />@Charles: "Can we guess at the dent economic growth would make in Roubini's appearance fee?" Haha this is spot on, that's exactly what I thought about quite a few fashionable doomsayers recently. The thing I don't understand is, most news on the real economy is positive, solid bluechip stocks are trading on p/es under 10, you get plausible dividend yields north of 5%, and everyone says stocks should continue tanking?Unknownhttps://www.blogger.com/profile/07944591651312557616noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-48403698265257113382010-05-26T22:55:44.820+01:002010-05-26T22:55:44.820+01:00Thanks again for keeping this blog going ..really ...Thanks again for keeping this blog going ..really appreciate effort ...one question to all..<br /><br />Do you seriously think that $ libor 3m fixes reflect any reality?<br /><br />Ie say I am Bancaja di Salerno e Genoa or Landesbank of low Prussia saddled wit 1 ton of Btpei asw ...<br /><br />where do I pay 3m $ cash?odjroshttps://www.blogger.com/profile/04346686386401139418noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-20213531644378162202010-05-26T17:36:07.313+01:002010-05-26T17:36:07.313+01:00aw come on lb...so much cold water!
but yes, I ...aw come on lb...so much cold water! <br /><br />but yes, I am watching BEBANKS Index. sitting at support right now but if that breaks down...look out below.Tylerhttps://www.blogger.com/profile/06265862490530746096noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-13430283229374565052010-05-26T14:03:46.032+01:002010-05-26T14:03:46.032+01:00Cheerful:
3-day weekend coming up in the US.
Sto...Cheerful: <br /><br />3-day weekend coming up in the US.<br />Stochastic claims number may "improve" Thursday.<br />Europe not about to collapse before the weekend.<br />England can win when playing badly.<br />Capello played Crouch against small Mexico team.<br /><br />Miserable: <br /><br />European debt and bank bogeyman under the bed.<br />Major European bank failures still ahead.<br />Deflationary pressure still strong in US.<br />Double dip US recession almost inevitable.<br />Son of Stimulus and QE2 unlikely until too late.Leftbackhttps://www.blogger.com/profile/07728096415928915882noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-85765207473593957752010-05-26T13:43:22.288+01:002010-05-26T13:43:22.288+01:00i, like others, commend you for the continued stel...i, like others, commend you for the continued stellar market commentary. tell me, am i crazy to think that our recent 'risk off' head-to-the-sidelines trade along with a modestly favorable fix in $ 3m libor may present a short-run normalization and thus decent risk/reward to be short volatility at present levels...playing on the view that markets will remain quiet -- perhaps into the world cup -- similar to the way it traded during the beijing olympics. in the second scene of the play, the world cup ends and fear and loathing reconvenes with a resumption of long vol. plays as we come down from our footie hysteria only to realize that nothing has been fixed and both bank and sovereign risk remain. am i out of my mind?minghttps://www.blogger.com/profile/09634408097465320998noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-57941357104829930922010-05-26T13:13:05.379+01:002010-05-26T13:13:05.379+01:00This blog hasn't missed a beat.This blog hasn't missed a beat.scharfyhttps://www.blogger.com/profile/18309882331114382248noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-83828871223862109332010-05-26T13:08:46.232+01:002010-05-26T13:08:46.232+01:00Partial to your cheerful list, for the moment anyw...Partial to your cheerful list, for the moment anyway, reason being it will give me some time away from the screen to catch up on other duties.<br /><br />Now, that I don't like to stay away to long from the market, due to reasons only a trader would know , my return should be conducive to the next leg "down".Unknownhttps://www.blogger.com/profile/11882601304613626929noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-40091837187477897792010-05-26T13:03:57.259+01:002010-05-26T13:03:57.259+01:00... and I'll add that the price action in EUR/...... and I'll add that the price action in EUR/USD and DXY is broadly similar to the equities examples you make as a reason to be cheerful.cpi65https://www.blogger.com/profile/05070237332212488846noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-85436475502981420372010-05-26T12:58:15.864+01:002010-05-26T12:58:15.864+01:00Just wanted to applaud you guys who have taken ove...Just wanted to applaud you guys who have taken over the blog. Don't mistake the lack of comments as a bearish indicator.<br /><br />Look what happened to Chris Evans on R2...cpi65https://www.blogger.com/profile/05070237332212488846noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-5543984794740941752010-05-26T12:39:38.424+01:002010-05-26T12:39:38.424+01:00Well the weather in Greece and Spain is nice too ....Well the weather in Greece and Spain is nice too .......Unknownhttps://www.blogger.com/profile/16493017108002669705noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-36958194977276766522010-05-26T12:33:08.331+01:002010-05-26T12:33:08.331+01:00I'm not quite sure as to what's wrong with...I'm not quite sure as to what's wrong with London now. I was there on Monday and it was quite sunny and pleasant!saltcafehttps://www.blogger.com/profile/00158646930058024471noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-15323361343188779082010-05-26T12:03:03.589+01:002010-05-26T12:03:03.589+01:00I assume your Marc Faber reference was referring t...I assume your Marc Faber reference was referring to him saying stocks were oversold <a href="http://www.businessweek.com/news/2010-05-25/u-s-stocks-erase-losses-as-euro-pares-drop-against-dollar-yen.html" rel="nofollow"> here</a> rather than his comments that there is another 10-15% of downside <a href="http://www.marketoracle.co.uk/Article19773.html" rel="nofollow">here</a>.Michaelhttps://www.blogger.com/profile/17566495209364609442noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-56586522553161542932010-05-26T11:49:18.715+01:002010-05-26T11:49:18.715+01:00Noting the disproportionate size of your cheerful ...Noting the disproportionate size of your cheerful list, it's worth remarking how difficult it is for the press and many (most) widely-read bloggers to give up on the disaster angle.<br /><br />Can we guess at the dent economic growth would make in Roubini's appearance fee?Charles Butlerhttps://www.blogger.com/profile/00486529931043507880noreply@blogger.com