tag:blogger.com,1999:blog-34323687.post4584432714359526929..comments2024-03-28T00:23:22.838+00:00Comments on Macro Man: Keep Calm and Carry On. Macro Manhttp://www.blogger.com/profile/12324967552369915949noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-34323687.post-8307427618926147562014-02-05T13:26:43.127+00:002014-02-05T13:26:43.127+00:00Interesting thoughts Pol, I guess now is the time ...Interesting thoughts Pol, I guess now is the time to start adding some risk, we bought a little on the first move down, I am hesitant to buy much more yet, especially in DM equities, as it feels like we are going a bit lower. ISM shocker I expect to take a few weeks to figure out with all the regional surveys, so the risk is on from now until then.<br /><br />The bigger question for me is EM and interest rates, which I think are closer to reversal points. I cant think of a more consensus trade than to be short CAD currencies. Also US 10 year at 2.6 is looking very tempting. Thinking about a short position with a stop at 2.4% yield or so. abee crombiehttps://www.blogger.com/profile/13320039155613443039noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-29956461354921265642014-02-04T18:53:34.116+00:002014-02-04T18:53:34.116+00:00Love that star trek picture LB
Welcome Back C
...Love that star trek picture LB <br /><br />Welcome Back C <br /><br />Stick with it Gnome<br /><br />And why can't I get excited about NFPs? I ve tried but my eyes glaze over .. <br />Polemichttps://www.blogger.com/profile/05985506596290073453noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-5453168317449965152014-02-04T18:48:41.459+00:002014-02-04T18:48:41.459+00:00Btw, the blog may be becoming far too sophisticate...Btw, the blog may be becoming far too sophisticated when the Capcha includes an "accent grave...."Leftbacknoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-73910543506974339792014-02-04T18:47:24.469+00:002014-02-04T18:47:24.469+00:00First we get the rehearsal for the non farm payrol...First we get the rehearsal for the non farm payroll with the ever-optimistic ADP number. We were set up for an apocalyptic number based on rates, so the odds are we will see some relief in equities and USDJPY if the number comes in at 150-200k.<br /><br />Trading in US 10s has been extremely volatile lately, as people unwind God knows what trades linked to USDJPY. It's all rather like those old Star Trek episodes where the Enterprise is hit by photon torpedoes and then the bridge wobbles and all the actors run from one side of the bridge to the other a few times......Leftbacknoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-4522135143009531062014-02-04T16:39:03.974+00:002014-02-04T16:39:03.974+00:00It is time for the nonfarm payroll play. If you be...It is time for the nonfarm payroll play. If you believe the weather excuse last month, you have to buy this excuse again this Friday. What will Fed/Yellon do if there is another crap payroll number? Will they chicken or will they not? It is going to be interesting.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-61344436930378193802014-02-04T16:23:13.908+00:002014-02-04T16:23:13.908+00:00I am still very happy with my PIGS, especially Gre...I am still very happy with my PIGS, especially Greece and Italy. Fundamantals turning into the right direction, valuations still low and the crowd is very slowly warming up to them.<br /><br />Gold is true disappointment for any gnome, should be up way more.Gnome of Zurichnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-90779454974543700332014-02-04T16:09:26.137+00:002014-02-04T16:09:26.137+00:00C says
Join the club ,you're not the only one ...C says<br />Join the club ,you're not the only one taking a smack this year .My mistake hanging on to winners just a little too long.<br /><br />The way it is shaping up reminds me somewhat of 2011. Some different players ,but underlying that the basic concerns appear to resonate the same way. That is what happens when policy is too tight in too many of the wrong places.<br /><br /><br />As to the UK that's one of those I got right earlier than most ,but as it stands it verges on a sell the good news going forward for me. Domestic policy focussing on housing is fine ,but no better than the US other than I think we have lagged them by 12 months or so. In other words I think by mid year we will already be on the upside of what is possible from that sector. External policy for want of a better term I see hinged to the fortune of export markets where our currency gains are not exactly going to be working in our favour.<br />I was on the otherside of those issues 12 to 15 months ago when flavour of the month was how GB was so weak and doomed I tell you.<br /> Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-88364944932247993052014-02-04T15:18:51.614+00:002014-02-04T15:18:51.614+00:00yup .. those wanting bigger houses also want price...yup .. those wanting bigger houses also want prices to fall. But I don't know anyone who buys a house hoping it goes down in value.<br />Polemichttps://www.blogger.com/profile/05985506596290073453noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-17973369231403632572014-02-04T14:21:19.028+00:002014-02-04T14:21:19.028+00:00"Housing is such an emotive debate as in simp..."Housing is such an emotive debate as in simple terms half the population want prices to go up as they own it, whilst the half that don't, don't so that they can."<br /><br />What those in the 50% who own, that need a larger house? If prices rise they have to pay more. If that's with a mortgage they also have to pay more mortgage interest on a higher value mortgage. Anonymousnoreply@blogger.com