Category Archive: Macroeconomy

Football games and efficient markets

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I am not a football fan. But I did kick a ball around in the street with the other kids, as a young boy growing up in London. I never imagined I’d become… Continue reading

Ad Hoc Commentary – jobs as the true antidote to low inflation in Europe

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“…Now that the Buba had ‘given’ green light for European QE, the only thing that we need to wait for is a low European inflation print. The Eurostat will give a flash estimate… Continue reading

Ad Hoc Commentary – global unemployment and resentment

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The ILO released their Global Employment Trends report overnight. The executive summary should be required reading for those who care about politics. We all know that in the past, worker solidarity had brought… Continue reading

Dangerous Markets and Didier’s Formula

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Dangerous Markets and Didier’s Formula   In 1923 an earthquake devastated Tokyo and became known as the Great Kanto earthquake. This mega earthquake was preceded by several years of increased incidents of intermediate… Continue reading

Let’s Pretend That This Episode Is Over – Shutdown to Slowdown

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Tired of being buffeted around in the markets because of this debt ceiling deadlock, why not pretend it is over ? What’s next ? Shutdown to slowdown ?   US economic data has… Continue reading

What Is This, America ? You Are Getting Richer ! : Secrets To Riches

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Contradictions are hard to bear. Median U.S. household income in 2012 is $51,017 a year, down from $51,100 in 2011 http://money.cnn.com/2013/09/17/news/economy/poverty-income/index.html vs The United States posted a fifth successive year of rises in… Continue reading

Rosy Ending to Q3 Part 2 : Not A Single Doji

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Not a single doji in sight for the monthly candles. The quarter will end in a nice way given the Hindenburg omen expires tomorrow ! Examining the quarterly performance, we find Nikkei and… Continue reading

Macro Views and Flows – The Taper is the least of our worries

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FOMC and Taper Standard Non Radical Views from the US Banks “Expectations going into this meeting are wide and varied – but consensus distills to a $10bn reduction in UST purchases with no… Continue reading

Bye Asset Managers, Hello Liability Managers !

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People have been asking me what to buy and what to invest in and is it time to look at bonds and sell stocks, all raring to invest those bucks. As I was… Continue reading

For Richer Or Poorer : The Problem With India Is Ours Too

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The most talked about topic for the past weeks has been the Indian current account woes and their worsening deficit etc which led to the rupee tumbling to historic lows. The irony is,… Continue reading