WISDOM FROM CARL THE JANITOR
Mar.25, 2019, 3PM | #stocks #1998
It was 35 years ago this weekend that five high school students met for all-day detention at Shermer High School.
With three teenage children at home, the MacroTourist has sa...
TRUMP: THE FIRST MMT PRESIDENT
Feb.27, 2019, 4PM | #MMT #Trump
I have become fascinated by MMT (Modern Monetary Theory). Sure, you can crap all over it, but I am not so sure there isn’t much to learn by opening your mind to the idea...
THE TRIPLE B PROBLEM
Feb.26, 2019, 10AM | #investment grade #BBB
Lately I have fallen down when it comes to the number of MacroTourist posts. It’s not that I didn’t want to write, but I got Lennon’ed with life getting in t...
GUESS WHO'S BUYING?
Feb.14, 2019, 4PM | #gold
I’ll warn you right off the bat, I have been waiting to write this piece for the past few days. You see, it’s a gold post, and as much as I try to take a bigger pi...
BILL GROSS SUCCUMBS TO HIS NEMESIS
Feb.12, 2019, 1PM | #Bill Gross #bunds #German #bonds
Although younger readers might not believe it, there was a time when Janus Henderson’s Bill Gross was the biggest bond trader in the world. In fact, there was even a boo...
EVERYTHING YOU WANTED TO KNOW ABOUT MMT (BUT WERE AFRAID TO ASK)
Jan.30, 2019, 4PM | #Modern Monetary Theory #MMT #Stephanie Kelton #Warren Mosler
If you read only one MacroTourist post all year, this is the one I want you to read. I think it’s that important.
Today’s topic is sure to incite some pretty stron...
ONCE A CAVER, ALWAYS A CAVER
Jan.28, 2019, 8AM | #FOMC #Federal Reserve #Powell
Remember the Powell of last year? You know, the one that tried to convince us that there “could be no macroeconomic stability without financial stability?” And thi...
BEST WAY TO SHORT CHINA?
Jan.22, 2019, 5PM | #China #Felix Zulauf #Australia #AUD
Global risk markets have recently taken comfort in the Fed’s change of rhetoric along with Mario Draghi’s talk of pulling out the “monetary toolbox”. W...
MNUCHIN MASSACRE CHRISTMAS EVE BOTTOM?
Jan.9, 2019, 2PM | #FOMC #Federal Reserve #stocks #Mnuchin
Can’t deny that it’s been a wild few weeks in the financial markets. Although it seems like an eternity, it’s only been ten trading days since U.S. Secretary...
HIGH-YIELD CREDIT SPREAD BLOWOUT
Dec.21, 2018, 8AM | #barcap high yield spread #stocks
There are lots of theories as to why the stock market is selling off so hard. I have my views, but to a large extent, opinions don’t mean much in this environment. It&rs...
