tag:blogger.com,1999:blog-34323687.post5637923017982470128..comments2024-03-28T12:22:11.704+00:00Comments on Macro Man: Losing one's convictionMacro Manhttp://www.blogger.com/profile/12324967552369915949noreply@blogger.comBlogger19125tag:blogger.com,1999:blog-34323687.post-75616967393501729962012-02-23T16:26:25.898+00:002012-02-23T16:26:25.898+00:00What a refreshing post, thank you.
I'm suffer...What a refreshing post, thank you.<br /><br />I'm suffering from info overload, reading too many blogs, sifting through too much research. To me it boils down to, when (if ever) do we fight LTRO? It comes to a head next week, and the DAX is already up 24% and change.<br /><br />It's tedious taking on governments. You never know what they're going to do, and often as not it's irrational.<br /><br />Hang in there, this is a great dialogue. I am a sporadic visitor, as a function of what's on my plate, and I always come back. You know, checking in. It's nice.Stevehttp://macroandcheese.orgnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-62862616254165345422012-02-23T12:10:39.094+00:002012-02-23T12:10:39.094+00:00"we are at slack tide where correlated trends..."we are at slack tide where correlated trends will drift apart as the flow comes to a halt with the only movement in side eddies"<br /><br />oh, the ghost of Joseph Conrad...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-41596972158624290812012-02-23T10:07:01.516+00:002012-02-23T10:07:01.516+00:00It has been said that bear markets end in apathy ....It has been said that bear markets end in apathy ...<br /><br />rosscoAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-83255480136141544952012-02-23T06:44:58.458+00:002012-02-23T06:44:58.458+00:00Join the linsanity crowd and start following the N...Join the linsanity crowd and start following the NBA. Good distraction in this treacherous time.SFOThttps://www.blogger.com/profile/18390835464850972314noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-58613124112812959572012-02-23T05:55:44.681+00:002012-02-23T05:55:44.681+00:00http://open.spotify.com/track/18XtQby8msvIrMJMyqds...http://open.spotify.com/track/18XtQby8msvIrMJMyqdslIAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-50450775436791850552012-02-23T03:25:40.074+00:002012-02-23T03:25:40.074+00:00Bored with Internet trivia, I've been reading ...Bored with Internet trivia, I've been reading Human Action by Ludwig von Mises. Observing his rants against the likes of socialism and government interference in general, credit expansion and inflationism, he would have a field day with the current economic situation.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-39771868304768307232012-02-23T02:58:51.712+00:002012-02-23T02:58:51.712+00:00Dear TMM:
I have been reading this blog through t...Dear TMM:<br /><br />I have been reading this blog through two regimes (old guard and new guard) and I have enjoyed every post. Given that the core audience of this blog was forged during strongly up-trending, low-volatility markets (amidst a deluge of doomsayers frantically grasping for affection), I say with supreme confidence that I don't fear another ascension of the Minsky steps (which we are doomed to climb over and over again in our relentless march of progress).<br /><br />Good ideas and good humour are not exclusive to bear markets. I look forward to more of the same from TMM and the MM blog community.<br /><br />Cheers,<br />MatthewMatthewhttps://www.blogger.com/profile/10609504213230870184noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-64384936461418151152012-02-23T00:25:41.014+00:002012-02-23T00:25:41.014+00:00Hey TMM, I came here looking to get a valid perspe...Hey TMM, I came here looking to get a valid perspective and possibly change my mind! That's why I come here, and I respect your brains and your wit. (No, this isn't your mom.)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-58956314610801112692012-02-22T22:42:18.969+00:002012-02-22T22:42:18.969+00:00great thinkers try to find holes in their own argu...great thinkers try to find holes in their own arguments and are open to new ideas. I think TMM exemplifies this. <br /><br />quite times like this are good looking at stock picks, IMHO<br /><br />I kinda like going home not worrying about what is going to happen tomorrow.abee crombiehttps://www.blogger.com/profile/13320039155613443039noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-41070546320082417702012-02-22T22:38:37.198+00:002012-02-22T22:38:37.198+00:00Oh NO!...TPTB have nobbled TMM :)Oh NO!...TPTB have nobbled TMM :)Amplitudeinthehousenoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-49300859942170342352012-02-22T22:23:20.965+00:002012-02-22T22:23:20.965+00:00saul .. Not a bad plan.saul .. Not a bad plan.Polemichttps://www.blogger.com/profile/05985506596290073453noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-87382913744266282462012-02-22T22:21:42.845+00:002012-02-22T22:21:42.845+00:00Oh and Vasastan - thanks very much for your kind d...Oh and Vasastan - thanks very much for your kind donation . Good man. Oh and re your comment on the contribution. I knew her niece!Polemichttps://www.blogger.com/profile/05985506596290073453noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-49214238317269479012012-02-22T21:15:40.264+00:002012-02-22T21:15:40.264+00:00Yeah, it's all bollocks, lately, innit, TMM?
...Yeah, it's all bollocks, lately, innit, TMM?<br /><br />(USDJPY indeed being a case in point as an example of WTFness).<br /><br />Never mind, me old china, tomorrow is Thirsty Thursday. Gooooo on son, get it down yer Gregory.Saul Bolloxnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-22978130117775780352012-02-22T19:59:15.539+00:002012-02-22T19:59:15.539+00:00Thanks for your kind words.. All gratefully recei...Thanks for your kind words.. All gratefully received. Just one of those days when introspection and mood overcame us. but in general there is a "can't be arsed" feel about in many things. Agree with the point effectively Monty Pythonesque of " shagged out after a long squawk ". <br /><br /> So .. perhaps better cheer ourselves up with some light hearted interlude stuff ... let me see...Polemichttps://www.blogger.com/profile/05985506596290073453noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-32827255538912552302012-02-22T16:42:33.820+00:002012-02-22T16:42:33.820+00:00In the meantime, one can entertain oneself ponderi...In the meantime, one can entertain oneself pondering how the chairs will find themselves permanently rearranged in the aftermath.Charles Butlerhttps://www.blogger.com/profile/00486529931043507880noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-64326078577644625432012-02-22T15:46:48.717+00:002012-02-22T15:46:48.717+00:00Well, here is one reader that always appreciates (...Well, here is one reader that always appreciates (and reads) the posts here. Whether light-hearted or analytical, frequent or less so, the average post and post-post discussion quality here is hard to beat. Agree that most other sites (and their contributors) have a bias, but that is just the nature of the web and the fight for ad revenue - piles of garbage to wade through before you find a nugget of something else. It is a mark of quality that you have not gone down the same road.<br /><br />And OK, OK, I'll get around to donating now. Happy Saint Lucia's Independence Day!Vasastannoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-77175387358777176512012-02-22T15:29:34.357+00:002012-02-22T15:29:34.357+00:00C from C says'
Actually I enjoy the philosoph...C from C says'<br />Actually I enjoy the philosophical pieces more than those with a market viewpoint etc.<br />In this one I detect a sense of futility that probably reflects your 'mindclock' as it is set at this time.Wonderfully ,this will pass too.<br /><br />Moving past that when you put your mind back onto a more objective footing it will occur to you that writing is good exercise for clarifying your thoughts on strategic views.A test if you will of how much thought they contain and conviction they might carry for you.Whether anyone else agrees is moot just as reading other blogs bearing different viewpoints is also moot to a large degree.<br /><br />Perforce there must be differing views ,or how else would we have a functioning market where so much of the action undertaken is as much to do with being wrong as it is to do with being right and the major difference in performance is no more than being small or large respectively.<br /><br />On a different day I think you will rejoice that differences are alive and well because if they were not then opportunities would be scarce.<br /><br />At this time you are (like the market) suffering in part the exhaustion that must come when you try to find something worthy to write daily.Indeed journalists appear to suffer that to a very large degree given the drama they appear to try to make saleable based upon sheer fluff. They like the markets 'die' for ideas when truly the world does not wish to 'move' appreciably on some days.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-18999624468680520072012-02-22T15:15:04.358+00:002012-02-22T15:15:04.358+00:00My prescription for the current malaise: long book...My prescription for the current malaise: long books / short blogs (present company excluded, of course), one month off somewhere sunny (it's been a busy four years, we all deserve it), come back ready to rip up, errr, saplings.<br /><br />Yeah, this cycle is going to be a hard grind. Rates will be quiet, CB liquidity will fill in any number of potholes. The next few years will really thin out the herd.VandalsStoleMyHandlenoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-64288622234419659262012-02-22T14:59:51.148+00:002012-02-22T14:59:51.148+00:00Hmmm, pick yourself up TMM, it ain't that bad,...Hmmm, pick yourself up TMM, it ain't that bad, maybe you just need a bit of sunshine in your life :) I agree that the blog world is biased, but as you have brilliantly pointed out the "real" world does not seem to care too much just like the CNN propaganda does not have that much impact either. Let's face it, through perspective of time and history we are doing pretty well in our time capsule. I only hope my kids have our "problems" 50 years from now. In any case, there are PLENTY of people who think like you do, and sure it may be confirmation bias, but so what? I enjoy reading your blogs and it would make my world LESS pleasant if you were to stop (and I do read past the first paragraph...) So turn the crystal ball 90 degrees and things will look less bleak :)Anonymousnoreply@blogger.com