tag:blogger.com,1999:blog-34323687.post5941351383940236012..comments2024-03-28T12:22:11.704+00:00Comments on Macro Man: Reminiscences of a Blog OperatorMacro Manhttp://www.blogger.com/profile/12324967552369915949noreply@blogger.comBlogger18125tag:blogger.com,1999:blog-34323687.post-90372917380428604622007-08-18T09:31:00.000+01:002007-08-18T09:31:00.000+01:00Thanks for interesting article.Thanks for interesting article.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-24476828051201387352007-08-17T23:39:00.000+01:002007-08-17T23:39:00.000+01:00Thanks for article!Thanks for article!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-47093603793495378192007-05-28T20:29:00.000+01:002007-05-28T20:29:00.000+01:00OK, thanks, Macro Man, I always value your opinion...OK, thanks, Macro Man, I always value your opinion.Unknownhttps://www.blogger.com/profile/06159059399866680726noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-41952667064357524882007-05-28T19:28:00.000+01:002007-05-28T19:28:00.000+01:00Ah, back from a lovely long weekend in the cold an...Ah, back from a lovely long weekend in the cold and rain on the Isle of Wight. I'm too depressed to even write a bad poem. However, let me once again thank everyone for their kind words- please believe me, I wasn't trying to fish for compliments with this post.<BR/><BR/>While I didn't read the 41 page document you linked, Dale, I would very much be of the opinion that the notion that the US market has rallied over the past couple of years/months/weeks because of futures market manipulation is preposterous. <BR/><BR/>Is it possible that someone might buy a few futures and/or stick bids in to notionally support the market during illiquid periods? Sure. <BR/><BR/>But that same pattern of behaviour is also evident in single name stocks, commodities, other financial futures, and foreign exchange.<BR/><BR/>More to the point, US futures have often risen when (surprise, surprise)other markets (China, Europe, etc.) are up strongly on the day. If buying US futures during European hours when, say, the Eurostoxx is up a percent on the day is manipulation, then so be it. I suspect most of us would call that common sense!Macro Manhttps://www.blogger.com/profile/12324967552369915949noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-28634966477549537592007-05-28T18:46:00.000+01:002007-05-28T18:46:00.000+01:00Macro Man,In response to your "Joe Friday" post fr...Macro Man,<BR/><BR/>In response to your "Joe Friday" post from last week: Do you think that perhaps the stock index futures are being manipulated upwards in the morning, which causes the entire market to rise, only to fall back down as the day progresses?<BR/><BR/>http://www.sprott.com/pdf/TheVisibleHand.pdfUnknownhttps://www.blogger.com/profile/06159059399866680726noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-41894900455763626312007-05-27T05:00:00.000+01:002007-05-27T05:00:00.000+01:00I appreciate your analysis of and plain writing on...I appreciate your analysis of and plain writing on wriggly issues; and also your wit, generosity and politesse.Unknownhttps://www.blogger.com/profile/02284266609097036974noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-10827244029851169282007-05-27T03:50:00.000+01:002007-05-27T03:50:00.000+01:00I only lurk - but it is really outstanding work yo...I only lurk - but it is really outstanding work you do - thanks for your effort.dryflyhttps://www.blogger.com/profile/04914649080074846239noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-32008773209188605242007-05-26T21:03:00.000+01:002007-05-26T21:03:00.000+01:00I have got into the habit of following across from...I have got into the habit of following across from your comments on Brad Setser's blog, and, having as much interest in the markets as in international economics, I find your observations very interesting. I marvel at your ability to produce this and comment elsewhere (more than rgemonitor, I know), while holding down a full-time job! Not so sure about the poetry though.<BR/><BR/>RebelEconomistAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-88492726270983987762007-05-26T00:53:00.000+01:002007-05-26T00:53:00.000+01:00I'd add my thanks for the blog.Yours is refreshing...I'd add my thanks for the blog.<BR/><BR/>Yours is refreshing in a world full of 'experts' for its speculation, investigation, dead-ends and insights - but ultimately because you take a stand and say what you'd trade based on the discussion, and then follow that in a transparent manner.<BR/><BR/>I enjoy the macro focus, and your style is refreshing.<BR/><BR/>Thanks- its a good bit of work.<BR/><BR/><BR/>--QQuarrelhttps://www.blogger.com/profile/04966272626535388524noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-86060553517667937352007-05-25T21:49:00.000+01:002007-05-25T21:49:00.000+01:00I probably fall 1/2 in the financial analyst 1/2 i...I probably fall 1/2 in the financial analyst 1/2 into the academic category. I appreciate the work on Voldemort, obviously. And the insights into what is happening in the fx market. Slowly I am bringing myself up to speed on the other portions of the portfolio/ how you think about/ evaluate your positions -- my only suggestion here would be to increase the font size of the mock portfolio. yeah, you can click on it, but i am lazy.<BR/><BR/>bsetserAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-50764988073284782622007-05-25T17:54:00.000+01:002007-05-25T17:54:00.000+01:00love this site , you do a great jobI run a long/sh...love this site , you do a great job<BR/><BR/>I run a long/short US fund , mostly equities , though w/ some options exposure also<BR/><BR/>your macro view is invaluable to me , and your wit and self-analysis are commended for their human approach ...... much appreciated in this blogosphere of self-important wannabees and posersAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-56557904051388670412007-05-25T16:43:00.000+01:002007-05-25T16:43:00.000+01:00Thanks to all for your kind words. It doesn't see...Thanks to all for your kind words. It doesn't seem like I've been doing this that long, but today's was the 250th post of the blog. I'm glad to know that the portfolio, the worrying, (and maybe even the poetry) are appreciated.Macro Manhttps://www.blogger.com/profile/12324967552369915949noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-81678016185476732912007-05-25T16:39:00.000+01:002007-05-25T16:39:00.000+01:00I time my first cup of morning coffee with a click...I time my first cup of morning coffee with a click to your read.<BR/><BR/>I'm a large private investor with a propensity for longer term equity positions so I find little use in your actual investment placement, but do value from the net direction you point your portfolio. <BR/><BR/>But the processes you combine to give us how you think are worth much gold. <BR/><BR/>You confront and share your naked self-doubt; you identify and re-examine the effect of your bias's on your decisions; you constantly question major tenents of prevailing macro theory (yes, I see you over on Brad Setsers blog).<BR/><BR/>You review primary data and run it through Macro-man, not group-think, for analysis.<BR/><BR/>Then you share these naked results in a witty and literate manner, similiar to maybe James Grant in style.<BR/><BR/>Thank you. <BR/><BR/>Dean from OregonAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-49749592595602701522007-05-25T14:28:00.000+01:002007-05-25T14:28:00.000+01:00("Worry your way to one percent a month." I like ...("Worry your way to one percent a month." I like that.)<BR/><BR/>Your site has become one of the first places I visit each day. Your tone is pleasant and entertaining but also serious. Your ability to mix it up with such heavies as Mr Setser underscores the basis of your blog but that is nicely offset by your occasional, lamentable foray into poetry. <BR/><BR/>But the key thing that makes your blog unique is your willingness to post your model portfolio on a daily basis, and - even more importantly - the reasoning you employ in constructing and maintaining it. Brilliant.<BR/><BR/>I hope you'll keep up your commendable daily efforts and wish you well.<BR/><BR/>TIAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-53817654225793180282007-05-25T12:34:00.000+01:002007-05-25T12:34:00.000+01:00[the orders data was solid]Bond Dad's perspective ...[the orders data was solid]<BR/><BR/>Bond Dad's perspective on the durable goods orders: "It's largely a commodities driven durable goods market." <BR/><BR/>http://bonddad.blogspot.com/2007/05/durable-goods-orders-surprise-on-upside.htmlAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-90399013328287673442007-05-25T12:12:00.000+01:002007-05-25T12:12:00.000+01:00I'm certain that a book entitled "Worry Your Way t...I'm certain that a book entitled "Worry Your Way to One Percent a Month" would not make the Saturday NYT, but you've managed to publish something fairly revolutionary, in the educational sense, with this blog. This reader hopes you maintain it through at least a cycle.<BR/><BR/>CBAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-57103969058577890672007-05-25T11:57:00.000+01:002007-05-25T11:57:00.000+01:00Just keep up the good work ... I am student who is...Just keep up the good work ... <BR/><BR/>I am student who is gearing up for a graduate program in applied economics and finance and I find it very interesting to read the day-to-day analysis and commentary.<BR/><BR/>I like your style too, I a bit like Cassandra and Steen Jakobsen from Saxo Bank. <BR/><BR/>best<BR/><BR/>ClausCVhttps://www.blogger.com/profile/16843402165210120665noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-54238107832231357862007-05-25T10:10:00.000+01:002007-05-25T10:10:00.000+01:00you could update your blog and your pnl by london ...you could update your blog and your pnl by london open...Anonymousnoreply@blogger.com