Author Archives: macromon

QOTD: Super Mario Speaks

“Deflationary forces have been replaced by reflationary ones.”  – Mario Draghi

Posted in ECB, Euro, Inflation/Deflation, Monetary Policy, Uncategorized | Tagged , , , | Leave a comment

The Rack Trade

Ever have a pairs (spread) trade where both sides were moving against you?  Ouch!  Been there, don’t want to do that.   Well, this is what we call the rack trade  (Kudos to Doug Skrypek for coining the term).   You … Continue reading

Posted in Bonds, Crude Oil, Uncategorized | Tagged , , , , | 4 Comments

US Sector ETF Performance – June 23

Posted in Sector ETF Peformance, Uncategorized | Tagged | Leave a comment

Global Risk Monitor – June 23

Click on table to enlarge and for better resolution

Posted in Daily Risk Monitor, Uncategorized | Tagged , , , , , | Leave a comment

The Incredible Shrinking Relative Float of Treasury Bonds

Lot’s of hand wringing these days about the flattening yield curve.  We still maintain our position that the signal from the bond market is significantly distorted due to the global central bank intervention (QE) into the bond markets.   See here … Continue reading

Posted in Uncategorized | 21 Comments

Dubai’s Robotic Police Force

Wow!  When is the last time you met a cop that spoke nine languages? Robocop On Wednesday, May 24, Dubai will launch a new police robot that marks the first phase of the integration of robots into the police force. … Continue reading

Posted in Algos, Technology, Uncategorized | Tagged , , , | 1 Comment

Did Jacques Chirac Wreck A Plan To Exile Saddam to Saudi?

File this one under, “What If.” We have a very good source who tells us that the U.S. and the major European and Arab powers had a plan to exile Saddam Hussein to Saudi Arabia before the Iraq war began … Continue reading

Posted in Crude Oil, Geopolitical, Uncategorized | Tagged , , , , | Leave a comment

Emerging Market Dollar Bonds: An Option Based Analysis

In my prior life I used to trade emerging market (EM) bonds and came up with the following analytical framework using options analysis to understand and teach the basic fundamental principles of how to value EM hard currency bonds.   The … Continue reading

Posted in Bonds, Uncategorized | Tagged , , , , , , , | Leave a comment

US Sector ETF Performance – June 16

Posted in Sector ETF Peformance, Uncategorized | Tagged , | Leave a comment

Global Risk Monitor – June 16

Click on table to enlarge and for better resolution

Posted in Daily Risk Monitor, Uncategorized | Tagged , , , , , | Leave a comment