Macro Digest: Goodbye Mr. President - Hallo Mr. President Elect
Obama final speech was classic Barrack – excellent, but thin on “progress to report”….now on to Trump’s press conference (5 pm CET), which with new Russian link allegations will have massive exposure...
Trump has animated the “free…
Macro Digest - China's Inflation - Most Important Data Point in all of Economics...!
- Welcome to the dealyed inflation...China PPI
PPI YoY (China) {CH}
OBSERVATION PERIOD: Nov (Monthly)
ACTUAL : 3.3%
PRIOR : 1.2%
REVISED : --
SURVEY : 2.3% (Mean: 2.2%, High: 3.1%, Low: 1.0%)
This is exactly what I have…
Macro Digest: Saxo Strategy changes post Trump... Too much growth & inflation prices in... What's next?
Considering the massive uplift in growth and inflation if GS conclusion(below) is even 50% correct, there is massive ‘correction of assumption’ incoming.
My main take remains: “Trump will be better than Liberal thinks, but worse than…
Escaping the soulless machine
-Donald Trump did not truly win the US election... Clinton lost it
-Trump policies not the answer, but drastic change was needed
-Only access to learning and thus technology spurs growth
-Change does not come when it is sought, only when…
Welcome to the "ugly period"...
US Election: The 'ugly period' is drawing nearer
Markets under attack from regulators, political witch hunting and ignorance
The flawed policy is to maintain elevated and overvalued stock markets
Volcker sought a policy based…
US Election: Nothing to lose
My present macro speech is titled "Ugly: Don't fight with 'ugly' people as they have nothing to lose".
To me, this is the essence of the US presidential campaign. The ugly truth surrounding this ballot lies in the bigger picture, as whomever…
Global deflation it ebbing out – Is inflation coming back?
Answer: Yes, it is!
The main impact though will be less consumer spending as China’s low export prices has kept the US consumers in play through ever lower prices – this is now reverting - it also means weaker CNY, and higher inflation…
Macro Digest : Why October 14th 2016 is KEY DATE
This is VERY important to know and understand – there are 2.7 trillion US$ in money market fund in the US. In the past these were mainly going to “Prime funds” which invested in short-term government and commercial papers. Then came Lehman…
Macro Digest : Bond alert & probably single most important chart this year
"Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair" – Sam Ewing
Doing some research for Bloomberg guest hosting in London on Thursday morning and came across this…
Macro Digest : The coming US Dollar funding crisis?
My friends Neels and Mehul from Nedbank, South Africa does an amazing analyzing the global markets from a ‘different’ perspective – read better…
They have been kind enough to share this with me and now I want you to look at…
The policy makers Comical Ali strategy
I am writing this Chronicle from South Africa which is almost as far away from Europe and the constant and never ending Brexit talk you can come. It's hard even here to avoid the turbulence and never ending 'need' for investors and media to…
Brexit : Early comment...
The polls and the bookies got it wrong again – the move overnight has been made bigger by the “party” the risk on market had yesterday….I wrote my “expected” reaction earlier this week:
How a Brexit would play out: Jakobsen
My…
