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Day: September 28, 2021

China’s Power Crunch Steals Macro Limelight

September 28, 2021October 9, 2021

“Yet another growth shock.” That’s how Goldman described China’s worsening energy crunch on Tuesday. You

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2 Comments on China’s Power Crunch Steals Macro Limelight

When Your Risk-Free Asset Turns On You

September 28, 2021October 4, 2021

Investors were once again “treated” to a rates-inspired tech selloff Tuesday, a fairly regular occurrence.

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3 Comments on When Your Risk-Free Asset Turns On You

Surprise! US Consumer Mood Sours Again

September 28, 2021September 29, 2021

In news that will surprise exactly nobody (other than the several dozen economists whose forecasts

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1 Comment on Surprise! US Consumer Mood Sours Again

Home Prices Log New Record; Downpayment Burden Worsens

September 28, 2021September 29, 2021

Home prices rose less than anticipated in July. Consensus expected S&P/Case-Shiller’s 20-city index to post

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5 Comments on Home Prices Log New Record; Downpayment Burden Worsens

Calls Grow For ‘Structural Bull Market’ In Surging Crude

September 28, 2021October 9, 2021

I’m continually amused at how quickly the narrative changes. I used to jokingly refer to

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7 Comments on Calls Grow For ‘Structural Bull Market’ In Surging Crude

Oil And Bonds!

September 28, 2021September 28, 2021

Oil and bond yields. It was all about oil and bond yields on Tuesday. In

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4 Comments on Oil And Bonds!

Monthly Letter+

  • Exiles On Main Street

    February 4, 2023February 4, 2023

Week’s News

Is ‘American Utopia’ A Macro Illusion?

February 6, 2023February 6, 2023

Herding Cats Around The ‘Immaculate Disinflation’

February 5, 2023February 6, 2023

A Real Scorcher

February 3, 2023February 4, 2023

Groundhog Day

February 2, 2023February 4, 2023

Job Openings Surge In Body Blow To US Soft Landing Hopes

February 1, 2023February 4, 2023

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  • Is 'American Utopia' A Macro Illusion?
    Is 'American Utopia' A Macro Illusion?
  • JPMorgan Warns Risks Shifting Towards Even Higher Rate Peaks
    JPMorgan Warns Risks Shifting Towards Even Higher Rate Peaks

Monthly Letters

Exiles On Main Street

February 4, 2023February 4, 2023

That’s Great, It Starts With An Earthquake

January 22, 2023February 4, 2023

Addiction Liability And The Roaring Twenties

December 17, 2022February 4, 2023

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